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| Author: | Drud Hansen, J. Jensen, C. Ströjer Madsen, E. |
| Title: | The establishment of the Danish windmill industry: was it worthwhile? |
| Journal: | Weltwirtschaftliches Archiv
2003 : VOL. 139:2, p. 324-347 |
| Index terms: | Environmental protection Subsidies Welfare economics Wind power Denmark |
| Language: | eng |
| Abstract: | The welfare effects of the Danish subsidies granted for the electricity production from wind power is examined. This policy has induced a remarkable development of the Danish windmill industry resulting in a dominant position on the world market. A strong learning-by-doing productivity growth is demonstrated in the Danish windmill industry, and the costs and benefits of this infant industry case are analyzed in this article. |
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