Local Economic Impacts of Hydroelectric Power Plants: Evidence from Brazil.
This paper evaluates the short- and medium-run effects of large hydroelectric power plant (HPP) construction on the economic development of Brazilian municipalities. Using the synthetic control method, we estimate the effects for 82 municipalities affected by HPP construction between 2002 and 2011....
| Publicado en: | Economía Vol. 24; no. 1; pp. 105 - 124 |
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| Autores principales: | , , |
| Formato: | Artículo |
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London School of Economics & Political Science
2025
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=191613859&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 191613859 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 15297470 N8H jtl: Economía issn: 15297470 maglogo: N pubinfo: dt: 2025 vid: 24 iid: 1 pid: 66142 pub: London School of Economics & Political Science artinfo: ui: 191613859 10.31389/eco.466 ppf: 105 ppct: 19 formats: fmt: – @attributes: type: T – @attributes: type: P size: 1.4MB tig: atl: Local Economic Impacts of Hydroelectric Power Plants: Evidence from Brazil. aug: au: Costa, Francisco Szerman, Dimitri Assunção, Juliano affil: FGV EPGE, Brazil Amazon, Germany PUC-Rio & Climate Policy Initiative, Brazil su: Brazil Economic development Regional development Economic expansion Cities & towns Hydroelectric power plants Construction projects Causal inference sug: subj: Economic development Regional development Economic expansion Cities & towns Brazil Other Heavy and Civil Engineering Construction Hydroelectric Power Generation Hydroelectric power plants Construction projects Causal inference keyword: dams employment Hydro-power infrastructure local development dams employment Hydro-power infrastructure local development ab: This paper evaluates the short- and medium-run effects of large hydroelectric power plant (HPP) construction on the economic development of Brazilian municipalities. Using the synthetic control method, we estimate the effects for 82 municipalities affected by HPP construction between 2002 and 2011. The average impact follows an inverted U-shape over a five-year horizon. The median impact in the medium run is positive but modest, with no effect on the composition of local economic activity. However, the estimated effects are highly heterogeneous. Five years after construction, the median impact on GDP growth rate is close to zero, while the 75th percentile of the treatment effects distribution is a 6.7 percentage points increase, and the 25th percentile is a 7.9 percentage points decrease. These results do not support the argument that large construction works unequivocally spur local development. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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