Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/223491
Authors: 
Chen, Ziqiao
Marin, Giovanni
Popp, David
Vona, Francesco
Year of Publication: 
2020
Series/Report no.: 
CESifo Working Paper No. 8419
Abstract: 
As nations struggle to restart their economy after Covid-19 lockdowns, calls to include green investments in a pandemic-related stimulus are growing. Yet little research provides evidence of the effectiveness of a green stimulus. We begin by summarizing recent research on the effectiveness of the green portion of the 2009 American Recovery and Reinvestment Act on employment growth. Green investments are most effective in communities whose workers have the appropriate “green” skills. We then provide new evidence on the skills requirements of both green and brown occupations, as well as from occupations at risk of job losses due to Covid-19, to illustrate which workers are most likely to benefit from a pandemic-related green stimulus. We find similarities between some energy sector workers and green jobs, but a poor match between green jobs and occupations at risk due to Covid-19. Finally, we provide suggestive evidence on the potential for job training programs to help ease the transition to a green economy.
Subjects: 
green subsidies
green stimulus
American Recovery Act
heterogeneous effect
distributional impacts
JEL: 
E24
E62
H54
H72
Q58
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.