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.
Green Stimulus in a Post‑pandemic Recovery: the Role of Skills for a Resilient Recovery
Résumé
en
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.
Auteur(s)
Ziqiao Chen
, Giovanni Marin1, 2
, David Popp
, Francesco Vona3
1
Università degli Studi di Urbino 'Carlo Bo'
( 415100 )
- 61029 Urbino PU – IT
- Italie
2
UniFE -
Università degli Studi di Ferrara = University of Ferrara
( 304516 )
- via Ludovico Ariosto, 35, 44121 Ferrara
- Italie
3
OFCE -
Observatoire français des conjonctures économiques (Sciences Po)
( 250936 )
- 10 place de Catalogne - 75014 Paris
- France
Sciences Po ( 301587 )
Langue du document
Anglais
Date de production/écriture
2020-01-01
Nom de la revue
Environmental and Resource Economics
(ISSN : 0924-6460, ISSN électronique : 1573-1502)
Publié par Springer
Revue non référencée dans Sherpa-Romeo
Vulgarisation
Non
Comité de lecture
Non
Audience
Non spécifiée
Date de publication
2020
Volume
76
Page/Identifiant
902 - 911
Domaine(s)
Sciences de l'Homme et Société/Economies et finances
Sciences de l'Homme et Société/Economies et finances
Sciences de l'Homme et Société/Etudes de l'environnement
Sciences de l'Homme et Société/Etudes de l'environnement
E - Macroeconomics and Monetary Economics/E.E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy/E.E2.E24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity
E - Macroeconomics and Monetary Economics/E.E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy/E.E2.E24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity
E - Macroeconomics and Monetary Economics/E.E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook/E.E6.E62 - Fiscal Policy
E - Macroeconomics and Monetary Economics/E.E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook/E.E6.E62 - Fiscal Policy
H - Public Economics/H.H5 - National Government Expenditures and Related Policies/H.H5.H54 - Infrastructures • Other Public Investment and Capital Stock
H - Public Economics/H.H5 - National Government Expenditures and Related Policies/H.H5.H54 - Infrastructures • Other Public Investment and Capital Stock
H - Public Economics/H.H7 - State and Local Government • Intergovernmental Relations/H.H7.H72 - State and Local Budget and Expenditures
H - Public Economics/H.H7 - State and Local Government • Intergovernmental Relations/H.H7.H72 - State and Local Budget and Expenditures
Q - Agricultural and Natural Resource Economics • Environmental and Ecological Economics/Q.Q5 - Environmental Economics/Q.Q5.Q58 - Government Policy
Q - Agricultural and Natural Resource Economics • Environmental and Ecological Economics/Q.Q5 - Environmental Economics/Q.Q5.Q58 - Government Policy
Référence interne
2441/5ltvjfqg4s9f5p1u5alpvrshde
2441/5ltvjfqg4s9f5p1u5alpvrshde
Projet(s) Européen(s)
INNOPATHS
- Innovation pathways, strategies and policies for the Low-Carbon Transition in Europe
Numéro CORDIS :
730403
Mots-clés
en
Green subsides, Green stimulus, American Recovery and Reinvestment Act, Heterogeneous effect, Distributional impacts
Ziqiao Chen, Giovanni Marin, David Popp, Francesco Vona. Green Stimulus in a Post‑pandemic Recovery: the Role of Skills for a Resilient Recovery. Environmental and Resource Economics, 2020, 76, pp.902 - 911. ⟨10.1007/s10640-020-00464-7⟩. ⟨hal-03403020⟩