Essays on the impact of renewable electricity generation on gross state product and employment at the state level

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2019-12

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Abstract

This dissertation presents two essays that examine the impact of energy production from RES on real gross state product (GSP) per capita and on employment in the electricity sector for a panel of 50 states over the period of 1990 to 2017.The first essay looks at the impact of the renewable electricity generation (REN) and non-renewable electricity generation (NREN) on real GSP per capita. By using fixed effect estimation with state-fixed effects and time-fixed effects to estimate the impact of REN and NREN on real GSP per capita for all states, this essay finds that REN has a positive and statistically significant impact on real GSP per capita of each state. Conversely, NREN has a negative and statistically significant impact on real GSP per capita of each state. Furthermore, these results also apply to oil-producing states. The increase in REN in oil-producing states improves real GSP per capita, and the increase in NREN in oil-producing states causes a decline in real GSP per capita.The second essay looks at the impact of REN on the employed as percent of civilian non-institutional population (N) measured as total employed individuals divided by the civilian non-institutional population. By using fixed effect estimations with state-fixed effects and time-fixed effects to estimate the impact of REN on N, this essay finds that REN has a statistically significant and positive impact on employment of each state. The positive impact of REN on employment includes both states that produce oil and states that do not produce oil.

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Keywords

Renewable electricity generation, Non-renewable electricity generation, Real gross state product per capita, Employment

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