Employment Effects of Environmental Policies – Evidence From Firm-Level Data

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513573616
Total Pages : 29 pages
Book Rating : 4.18/5 ( download)

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Book Synopsis Employment Effects of Environmental Policies – Evidence From Firm-Level Data by : Mr. Adil Mohommad

Download or read book Employment Effects of Environmental Policies – Evidence From Firm-Level Data written by Mr. Adil Mohommad and published by International Monetary Fund. This book was released on 2021-05-14 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: The employment impact of environmental policies is an important question for policy makers. We examine the effect of increasing the stringency of environmental policy across a broad set of policies on firms’ labor demand, in a novel identification approach using Worldscope data from 31 countries on firm-level CO2 emissions. Drawing on evidence from as many as 5300 firms over 15 years and the OECD environmental policy stringency (EPS) index, it finds that high emission-intensity firms reduce labor demand upon impact as EPS is tightened, whereas low emission-intensity firms increase labor demand, indicating a reallocation of employment. Moreover, tightening EPS during economic contractions appears to have a positive effect on employment, other things equal. Quantifications exercises show modest positive net changes in employment for market-based policies, and modest negative net changes for non-market policies (mainly emission quantity regulations) and for the combined aggregate EPS. Within market-based policies, the percent decline in employment in high-emission firms (correspondingly the increase in low-emission firms) for a unit change in a policy index is smallest (largest) for trading schemes (“green” certificates, and “white” certificates)—although stringency is not comparable across indices. Finally, the employment effects of EPS are not persistent.

Assessing the Economic Impacts of Environmental Policies Evidence from a Decade of OECD Research

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Publisher : OECD Publishing
ISBN 13 : 926436711X
Total Pages : 125 pages
Book Rating : 4.11/5 ( download)

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Book Synopsis Assessing the Economic Impacts of Environmental Policies Evidence from a Decade of OECD Research by : OECD

Download or read book Assessing the Economic Impacts of Environmental Policies Evidence from a Decade of OECD Research written by OECD and published by OECD Publishing. This book was released on 2021-05-17 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decades, governments have gradually adopted more rigorous environmental policies to tackle challenges associated with pressing environmental issues, such as climate change. The ambition of these policies is, however, often tempered by their perceived negative effects on the economy.

The Distributional Effects of Environmental Policy

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Publisher : OECD Publishing
ISBN 13 : 9264066136
Total Pages : 336 pages
Book Rating : 4.37/5 ( download)

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Book Synopsis The Distributional Effects of Environmental Policy by : Johnstone Nick

Download or read book The Distributional Effects of Environmental Policy written by Johnstone Nick and published by OECD Publishing. This book was released on 2006-02-23 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book builds upon existing literature to simultaneously examine disparities in the distribution of environmental impacts of environmental policy and in the distribution of financial effects among households.

Environmental and Energy Policy and the Economy

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226821749
Total Pages : 275 pages
Book Rating : 4.40/5 ( download)

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Book Synopsis Environmental and Energy Policy and the Economy by : Matthew J. Kotchen

Download or read book Environmental and Energy Policy and the Economy written by Matthew J. Kotchen and published by University of Chicago Press. This book was released on 2022-01-24 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents six new papers on environmental and energy economics and policy in the United States. Rebecca Davis, J. Scott Holladay, and Charles Sims analyze recent trends in and forecasts of coal-fired power plant retirements with and without new climate policy. Severin Borenstein and James Bushnell examine the efficiency of pricing for electricity, natural gas, and gasoline. James Archsmith, Erich Muehlegger, and David Rapson provide a prospective analysis of future pathways for electric vehicle adoption. Kenneth Gillingham considers the consequences of such pathways for the design of fuel vehicle economy standards. Frank Wolak investigates the long-term resource adequacy in wholesale electricity markets with significant intermittent renewables. Finally, Barbara Annicchiarico, Stefano Carattini, Carolyn Fischer, and Garth Heutel review the state of research on the interactions between business cycles and environmental policy.

Environmental Regulation

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Publisher :
ISBN 13 : 9780857938206
Total Pages : 0 pages
Book Rating : 4.07/5 ( download)

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Book Synopsis Environmental Regulation by : John F. McEldowney

Download or read book Environmental Regulation written by John F. McEldowney and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Featuring an original introduction by the editors, this important collection of essays explores the main issues surrounding the regulation of the environment. The expert contributors illustrate that regulating the environment in the UK is conceptually complex, involves a diverse range of institutions, techniques and methodologies and crosses geographical and national boundaries. In the USA it is more formalised, juridical, adversarial and formally dependent upon legal rules. The articles highlight the fact that despite differences in the UK and the USA's regulatory styles, environmental regulation today has much in common with both traditions.

Employment Protection Deregulation and Labor Shares in Advanced Economies

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Publisher : International Monetary Fund
ISBN 13 : 1484373723
Total Pages : 72 pages
Book Rating : 4.29/5 ( download)

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Book Synopsis Employment Protection Deregulation and Labor Shares in Advanced Economies by : Gabriele Ciminelli

Download or read book Employment Protection Deregulation and Labor Shares in Advanced Economies written by Gabriele Ciminelli and published by International Monetary Fund. This book was released on 2018-08-16 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver of the decline in labor shares that took place across most advanced economies since the early 1990s. This paper assesses the impact of job protection deregulation in a sample of 26 advanced economies over the period 1970-2015, using a newly constructed dataset of major reforms to employment protection legislation for regular contracts. We apply the local projection method to estimate the dynamic response of the labor share to our reform events at both the country and the country-industry levels. For the latter, we employ a differences-in-differences identification strategy using two identifying assumptions grounded in theory—namely that job protection deregulation should have larger negative effects in industries characterized by (i) a higher “natural” propensity to adjust the workforce, and (ii) a lower elasticity of substitution between capital and labor. We find a statistically significant, economically large and robust negative effect of deregulation on the labor share. In particular, illustrative back-of-the-envelope calculations suggest that job protection deregulation may have contributed about 15 percent to the average labor share decline in advanced economies. Together with existing evidence regarding the macroeconomic gains from job protection and other labor market reforms, our results also point to the need for policymakers to address efficiency-equity trade-offs when designing such reforms.

Jobs Impact of Green Energy

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 17 pages
Book Rating : 4.31/5 ( download)

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Book Synopsis Jobs Impact of Green Energy by : Jaden Kim

Download or read book Jobs Impact of Green Energy written by Jaden Kim and published by International Monetary Fund. This book was released on 2022-05-27 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: This brief paper accompanies the Green Energy and Jobs tool, which is a simple excel-based tool to estimate the job-creation potential of greening the electricity sector. Specifically, it calculates the net job gains or losses from increasing the level of energy efficiency, and from increasing the share of clean and renewable electricity generation in the total electricity output mix. The tool relies on estimates of job multipliers in the literature, and adds evidence from firm-level data on the job-intensity of different energy sources. The paper illustrates applications of the tool using data from the IEA’s Sustainable Development Scenario compared to business-as-usual. This tool is intended to help country teams engage further on climate change issues in bilateral surveillance.

Environmental Goods and Services

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Publisher : OECD
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.55/5 ( download)

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Book Synopsis Environmental Goods and Services by : Organisation for Economic Co-operation and Development

Download or read book Environmental Goods and Services written by Organisation for Economic Co-operation and Development and published by OECD. This book was released on 2001-07-31 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: To what extent are there trade impediments to the transfer and adoption of environmental goods and services? How can these be addressed by global trade negotiations? What is the role of complementary measures in order to ensure "win-win" benefits -- that is promoting both environmental protection and economic growth? And how can developing countries also benefit to ensure a triple -- "win-win-win" -- situation? This book addresses these questions. A key conclusion of the research is the need for policy settings to address both supply and demand-side factors. Indeed supply-side factors, including a diverse and cumulative range of trade barriers are more significant inhibitors of the deployment of technology and service-based solutions to global environmental challenges than has been assumed heretofore. As a new round of services trade negotiations gathers momentum at the World Trade Organisation, and efforts continue to launch a broader WTO Round encompassing tariff negotiations, it is hoped this volume makes a timely contribution to debate on how trade liberalisation can yield concrete results on the journey to sustainable development.

Does Regulation Kill Jobs?

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Publisher : University of Pennsylvania Press
ISBN 13 : 0812209249
Total Pages : 299 pages
Book Rating : 4.42/5 ( download)

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Book Synopsis Does Regulation Kill Jobs? by : Cary Coglianese

Download or read book Does Regulation Kill Jobs? written by Cary Coglianese and published by University of Pennsylvania Press. This book was released on 2014-01-06 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: As millions of Americans struggle to find work in the wake of the Great Recession, politicians from both parties look to regulation in search of an economic cure. Some claim that burdensome regulations undermine private sector competitiveness and job growth, while others argue that tough new regulations actually create jobs at the same time that they provide other benefits. Does Regulation Kill Jobs? reveals the complex reality of regulation that supports neither partisan view. Leading legal scholars, economists, political scientists, and policy analysts show that individual regulations can at times induce employment shifts across firms, sectors, and regions—but regulation overall is neither a prime job killer nor a key job creator. The challenge for policymakers is to look carefully at individual regulatory proposals to discern any job shifting they may cause and then to make regulatory decisions sensitive to anticipated employment effects. Drawing on their analyses, contributors recommend methods for obtaining better estimates of job impacts when evaluating regulatory costs and benefits. They also assess possible ways of reforming regulatory institutions and processes to take better account of employment effects in policy decision-making. Does Regulation Kills Jobs? tackles what has become a heated partisan issue with exactly the kind of careful analysis policymakers need in order to make better policy decisions, providing insights that will benefit both politicians and citizens who seek economic growth as well as the protection of public health and safety, financial security, environmental sustainability, and other civic goals. Contributors: Matthew D. Adler, Joseph E. Aldy, Christopher Carrigan, Cary Coglianese, E. Donald Elliott, Rolf Färe, Ann Ferris, Adam M. Finkel, Wayne B. Gray, Shawna Grosskopf, Michael A. Livermore, Brian F. Mannix, Jonathan S. Masur, Al McGartland, Richard Morgenstern, Carl A. Pasurka, Jr., William A. Pizer, Eric A. Posner, Lisa A. Robinson, Jason A. Schwartz, Ronald J. Shadbegian, Stuart Shapiro.

Environmental Policy and Corporate Behaviour

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Publisher : OECD Publishing
ISBN 13 : 9264175075
Total Pages : 291 pages
Book Rating : 4.75/5 ( download)

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Book Synopsis Environmental Policy and Corporate Behaviour by : OECD

Download or read book Environmental Policy and Corporate Behaviour written by OECD and published by OECD Publishing. This book was released on 2007-03-28 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth empirical analysis of an industrial survey spanning 4000 facilities in all manufacturing sectors and of all sizes illustrating the links between government environmental policies and company environmental management, investments innovation and performance.