Ratio Working Paper No. 340: Job Creation in the Wind Power Sector Through Marshallian and Jacobian Knowledge Spillovers

PublikationWorking paper
Concetto Paolo Vinci, Förnybar energi, Jonas Grafström, Luigi Aldieri, Miljöekonomi, Patent, Vindkraft

Sammanfattning

The empirical evidence concerning the job-creation impact of wind power technology through knowledge spillovers is yet poor. Our objective is to contribute to the literature and bridge this gap. Specifically, our analysis explores to what extent investments in innovation activities of one firm affect the neighbouring firms’ generation of knowledge spillovers in the same sector (intra-industry) or to different sectors (inter-industry) and how this complex knowledge diffusion process impacts the employment dynamics. The econometric analysis relies on a sector-based panel dataset for the USA, Europe, and Japan between 2002 and 2017. The empirical findings suggest that there were negative employment spillovers from the same technology sector (Marshallian externalities) while the spillovers from more diversified activity (Jacobian externalities) have a positive impact on job-creation. The findings have relevant policy implications for governments who are developing an industrial strategy for wind power technology.

Aldieri, L., Grafström, J. & Paolo Vinci, C. (2020). Job Creation in the Wind Power Sector Through Marshallian and Jacobian Knowledge Spillovers. Ratio Working Paper No. 340. Stockholm: Ratio.


Liknande innehåll

Working Paper No. 379: Europe’s Future Industrial Landscape: A Green Industrial Location Attractiveness Index
Working paperPublikation
Grafström, J.
Publiceringsår

2024

Publicerat i

Ratio Working Paper Series.

Sammanfattning

Increased gas prices, constraints in nuclear power generation, and diminished hydroelectric production have introduced challenges for Europe, coinciding with an emerging green industrialization. Utilizing data from the European Commission and Eurostat, we introduce the Green Industrial Location Attractiveness Index, a tool designed to help assessing locations of future green industrial developments. Our findings highlight Sweden, Finland, and France as probable destinations for green industrial projects. A revealing geographical divide where northern European countries rank higher compared to their southern counterparts. This analysis enhances our understanding of Europe’s changing industrial landscape amidst volatile electricity prices, offering insights for policymakers and investors. An overarching conclusion of the paper is that well-crafted energy policies help mitigate the economic impacts of energy price fluctuations on energy-intensive industries, ensuring that Europe’s industrial landscape remain competitive.

Economic freedom and environmental performance
BokkapitelPublikation
Graftström, J.
Publiceringsår

2024

Publicerat i

Handbook of Research on Economic Freedom. Cheltenham, UK: Edward Elgar Publishing.

Sammanfattning

In this chapter, the relationship between economic freedom and environmental performance is scrutinized. The analysis relies on comparing countries’ standing in the Environmental Performance Index (EPI) of the Yale Centre for Environmental Law & Policy with two indexes of economic freedom, one developed by the Fraser Institute (Economic Freedom of the World index), and the other by the Heritage Foundation (Index of Economic Freedom). Whether economic freedom is good or bad for the environment depends on how it affects incentives, productive efforts, and effective resource use. Greater economic freedom can both harm and help environmental performance. It is a complicated relationship, but high economic freedom generally goes hand in hand with high scores in the EPI.

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