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Data centers boost local economies but raise prices, NBER paper finds

Data centers significantly boost local economies through job creation in construction and related sectors, leading to higher county-level incomes. However, their presence also correlates with increased electricity and housing prices. This economic impact is detailed in a working paper from the National Bureau of Economic Research. AI

IMPACT 0.1

RANK_REASON The cluster contains a working paper from a research institution discussing economic impacts. [lever_c_demoted from research: ic=1 ai=0.1]

Read on Mastodon — fosstodon.org →

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Data centers boost local economies but raise prices, NBER paper finds

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  1. Mastodon — fosstodon.org TIER_1 English(EN) · [email protected] ·

    @ emollick “Data centers create economic activity, especially in directly related sectors and during construction, and they are associated with larger county-le

    @ emollick “Data centers create economic activity, especially in directly related sectors and during construction, and they are associated with larger county-level income aggregates. They also raise electricity prices and are associated with higher house prices,” https://www. nbe…