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• W2620448529 abstract "Nowadays, both the wind power and shale gas industries have been developing quickly and receiving significant attention in the media. Since wind and natural gas are competing sources of electricity generation, in order to guide policy, it would be useful to have an idea of how many jobs are created by these two competing resources. In this paper, we use a panel econometric model to estimate the historical job-creating performance of wind versus that of shale oil and gas. The model is estimated using monthly county level data in Texas from 2001 to 2011. We collect data on the historical employment, number of directional/hydraulic fracturing wells drilled, and new wind capacity built in each county each month and then study the relationship between them. Both distributed lag and spatial panel models have been used based on different data dependence assumptions. The results show that shale development and well drilling activities have brought strong employment and wage growth to Texas, while the impact of wind industry development on employment and wages statewide has been either not statistically significant or quite small. ∗Address: 6100 Main Street MS-22, Houston, Texas 77005, Phone: 713-348-3198, Email: xz1@rice.edu" @default.
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• W2620448529 date "2013-07-28" @default.
• W2620448529 modified "2023-09-24" @default.
• W2620448529 title "Local Employment Impacts of Competing Energy Sources: the Case of Shale Gas Production and Wind Generation" @default.
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