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Title: | Making Jobs Out of the Energy Transition: Evidence from the French Energy Efficiency Obligations Scheme |
Author: | Wald, Guillaume Cohen, François Kahn, Victor |
Keywords: | Transició energètica Subvencions Creació d'ocupació Energy transition Subsidies Job creation |
Issue Date: | 2024 |
Publisher: | Institut d’Economia de Barcelona |
Series/Report no: | [WP E-IEB24/01] |
Abstract: | Vast amounts are being invested in the energy transition worldwide, with optimistic expectations of economic growth and green job creation. Yet, we crucially lack ex-post validations of the multiplier effects widely used to quantify new green jobs. Focusing on the French Energy Efficiency Obligations scheme, this paper provides the first ex-post estimate of the employment effect of a large energy-retrofit investment program. We exploit a discontinuity in the provision of subsidies and use a novel synthetic control method on disaggregated data to estimate regional-level employment effects. We estimate that the scheme created 1.4 jobs per million euros invested. |
Note: | Reproducció del document publicat a: https://ieb.ub.edu/wp-content/uploads/2024/02/Doc-2024-01.pdf |
It is part of: | IEB Working Paper 2024/01 |
URI: | http://hdl.handle.net/2445/209600 |
Appears in Collections: | IEB (Institut d’Economia de Barcelona) – Working Papers |
Files in This Item:
File | Description | Size | Format | |
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IEB24-01-Wald+Cohen+Kahn.pdf | 1.88 MB | Adobe PDF | View/Open |
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