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The Employment Impact of Green Fiscal Push: Evidence from the American Recovery Act / David Popp, Francesco Vona, Giovanni Marin, Ziqiao Chen.
- Format:
- Book
- Author/Creator:
- Popp, David.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w27321.
- NBER working paper series no. w27321
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2020.
- Summary:
- We evaluate the employment effect of the green part of the largest fiscal stimulus in recent history, the American Recovery and Reinvestment Act (ARRA). Each $1 million of green ARRA created 15 new jobs that emerged especially in the post-ARRA period (2013-2017). We find little evidence of significant short-run employment gains. Green ARRA creates more jobs in commuting zones with a greater prevalence of pre-existing green skills. Nearly half of the jobs created by green ARRA investments were in construction or waste management. Nearly all new jobs created are manual labor positions. Nonetheless, manual labor wages did not increase.
- Notes:
- Print version record
- June 2020.
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