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Regional income and wave energy deployment in Ireland
[journal article]
Abstract Alongside environmental benefits, renewable energy deployment is often evaluated on grounds of regional development. Focusing on wave energy deployment in Ireland, this paper quantifies employment‐related welfare change net of associated subsidy costs. Although the added employment reduces inter‐reg... view more
Alongside environmental benefits, renewable energy deployment is often evaluated on grounds of regional development. Focusing on wave energy deployment in Ireland, this paper quantifies employment‐related welfare change net of associated subsidy costs. Although the added employment reduces inter‐regional inequality, certain subsidies increase total income inequality by a greater extent. Total inequality increases by 0.25% in the preferred scenario. This pattern of incidence persists under an optimistic scenario where all manufacturing activity is carried out locally. This finding highlights that policies of regional development should consider the spatial distribution of associated subsidy costs.... view less
Keywords
simulation; subsidy; Ireland; income situation; regional development; renewable energy; inequality
Classification
Area Development Planning, Regional Research
Free Keywords
spatial microsimulation; EU-SILC
Document language
English
Publication Year
2020
Page/Pages
p. 509-531
Journal
Papers in Regional Science, 99 (2020) 3
DOI
https://doi.org/10.1111/pirs.12488
ISSN
1435-5957
Status
Published Version; peer reviewed