Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/206642 
Year of Publication: 
2019
Series/Report no.: 
SOEPpapers on Multidisciplinary Panel Data Research No. 1056
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract (Translated): 
In the course of the energy transition, the German Commission on "Growth, Structural Change and Employment" recommended a stepwise phase-out of coal-fired electricity generation until 2038 and a partly substitution by gas-fired power plants. In this context local externalities of various types of fossil fuel-fired power plants are investigated and quantified using the life satisfaction approach. Therefore, representative panel data on individual life satisfaction of 61,822 German residents from 1994 to 2016 is analyzed on postcode level with a fixed effects regression model. This work finds type-specific positive spillover effects of natural gas and lignite power plants in adjacent post code areas. External effects of hard coal-fired power plants cannot be evidenced. These results suggest future hedonic-pricing studies to consider spillover effects. Including interviewer fixed effects in the regression reveals the necessity to account for interviewer influences in life satisfaction studies with spatial reference, especially in cases of non-random assignment of interviewers.
Subjects: 
Life Satisfaction
Subjective Well-Being
Fossil Fuel Power Station
Externalities
Fixed Effects
SOEP
JEL: 
C23
D62
Q48
Q51
Document Type: 
Working Paper

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