Evaluating the income and employment impacts of gas cooling technologies

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Description

The purpose of this study is to estimate the potential employment and income benefits of the emerging market for gas cooling products. The emphasis here is on exports because that is the major opportunity for the U.S. heating, ventilating, and air-conditioning (HVAC) industry. But domestic markets are also important and considered here because without a significant domestic market, it is unlikely that the plant investments, jobs, and income associated with gas cooling exports would be retained within the United States. The prospects for significant gas cooling exports appear promising for a variety of reasons. There is an expanding need for ... continued below

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57 p.

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Hughes, P.J. & Laitner, S. March 1, 1995.

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Description

The purpose of this study is to estimate the potential employment and income benefits of the emerging market for gas cooling products. The emphasis here is on exports because that is the major opportunity for the U.S. heating, ventilating, and air-conditioning (HVAC) industry. But domestic markets are also important and considered here because without a significant domestic market, it is unlikely that the plant investments, jobs, and income associated with gas cooling exports would be retained within the United States. The prospects for significant gas cooling exports appear promising for a variety of reasons. There is an expanding need for cooling in the developing world, natural gas is widely available, electric infrastructures are over-stressed in many areas, and the cost of building new gas infrastructure is modest compared to the cost of new electric infrastructure. Global gas cooling competition is currently limited, with Japanese and U.S. companies, and their foreign business partners, the only product sources. U.S. manufacturers of HVAC products are well positioned to compete globally, and are already one of the faster growing goods-exporting sectors of the U.S. economy. Net HVAC exports grew by over 800 percent from 1987 to 1992 and currently exceed $2.6 billion annually (ARI 1994). Net gas cooling job and income creation are estimated using an economic input-output model to compare a reference case to a gas cooling scenario. The reference case reflects current policies, practices, and trends with respect to conventional electric cooling technologies. The gas cooling scenario examines the impact of accelerated use of natural gas cooling technologies here and abroad.

Physical Description

57 p.

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OSTI as DE95012543

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  • Other Information: PBD: Mar 1995

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  • Other: DE95012543
  • Report No.: ORNL/CON--412
  • Grant Number: AC05-84OR21400
  • DOI: 10.2172/82427 | External Link
  • Office of Scientific & Technical Information Report Number: 82427
  • Archival Resource Key: ark:/67531/metadc779414

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  • March 1, 1995

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  • Dec. 3, 2015, 9:30 a.m.

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  • Jan. 19, 2016, 1:17 p.m.

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Hughes, P.J. & Laitner, S. Evaluating the income and employment impacts of gas cooling technologies, report, March 1, 1995; Tennessee. (digital.library.unt.edu/ark:/67531/metadc779414/: accessed August 23, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.