Scandinavian Working Papers in Economics

Ratio Working Papers,
The Ratio Institute

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

Luigi Aldieri (), Jonas Grafström () and Concetto Paolo Vinci ()
Additional contact information
Luigi Aldieri: University of Salerno
Jonas Grafström: The Ratio Institute, Postal: The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden
Concetto Paolo Vinci: University of Salerno

Abstract: 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.

Keywords: Employment; knowledge spillovers; patents; renewable energy; wind power

JEL-codes: J21; O33; Q20; Q40; Q42

24 pages, November 11, 2020

Full text files 

ratio-working-paper-no.-340.pdf PDF-file Full text

Download statistics

Questions (including download problems) about the papers in this series should be directed to Martin Korpi ()
Report other problems with accessing this service to Sune Karlsson ().

RePEc:hhs:ratioi:0340This page generated on 2024-09-13 22:16:55.