Economic Profile of the Environmental and Energy Technology Sector in Maine

Gabe, Todd (2007): Economic Profile of the Environmental and Energy Technology Sector in Maine.

Abstract

This report presents an economic profile of Maine’s environmental and energy technology sector. The analysis is based on primary data collected through a survey of 135 Maine businesses and organizations conducted during the summer of 2006. In addition, the study uses secondary industry statistics from U.S. Government sources and information from a purchased directory of environmental and energy technology companies. Results show that, in 2006, Maine’s environmental and energy technology sector directly generated an estimated $574.1 million in sales, supported 5,269 full- and part-time jobs, and provided $222.8 million in employee earnings. Counting multiplier effects, the environmental and energy technology sector contributed $882.7 million in sales to the Maine economy, and supported 9,650 jobs that provided $330.9 million in earnings.

• Item Type: MPRA Paper
• Language: English
• Keywords: Environmental and Energy Technology, Economic Impact, Maine
• Subjects: Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q42 - Alternative Energy Sources; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q56 - Environment and Development ; Environment and Trade ; Sustainability ; Environmental Accounts and Accounting ; Environmental Equity ; Population Growth; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

References

Allen, Thomas G. and Todd M. Gabe, “Economic Profile of Maine’s Biotechnology Industry.” Department of Resource Economics and Policy, University of Maine, Staff Paper 513, December 2002.