Tuyen PHAM
Assistant Professor of Research, Voinovich School of Leadership and Public Service Ohio University, Athens Ohio, United States of America
tuyen.pham@ohio.edu
G. Jason JOLLEY
Professor of Rural Economic Development, Voinovich School of Leadership and Public Service Ohio University, Athens Ohio, United States of America
jolleyg1@ohio.edu
Paul VALENTINE
Assistant Professor of Instruction, Voinovich School of Leadership and Public Service Ohio University, Athens Ohio, United States of America
valentine@ohio.edu
Joshua C. HALL
Milan Pusker Dean, John Chambers College of Business and Economics West Virginia University, West Virginia, United States of America
Joshua.Hall@mail.wvu.edu
Abstract
In the United States, regional scientists and economists frequently employ IMPLAN, a proprietary input-output (I-O) software, for assessing the economic ramifications of diverse interventions on the local economy. IMPLAN has recently incorporated the Environmental Protection Agency’s (EPA) Environmentally Extended Input-Output (EEIO) modeling as an optional extension within their subscription service. In this paper, we compare coal vs. solar production scenarios in Ohio (a state in the United States) as a case study to illustrate the seamless integration of EEIO modeling with traditional I-O modeling, showcasing its enhanced capabilities for evaluating economic and environmental impacts. In the case of Ohio, we found that the state’s plans to increase solar energy capacity and decrease coal energy capacity have a net positive impact on its economy when considering both economic and environmental aspects.
Keywords: Input-output, coal, solar, environmental impact
JEL classification: C67, R15, E01, P18
pp. 99-106