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The Employment Impact of Green Fiscal Push: Evidence from the American Recovery Act: Evidence from the American Recovery Act

Abstract : 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.
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https://hal-sciencespo.archives-ouvertes.fr/hal-03403066
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Submitted on : Tuesday, October 26, 2021 - 8:50:48 AM
Last modification on : Monday, March 21, 2022 - 2:48:15 PM
Long-term archiving on: : Thursday, January 27, 2022 - 6:42:22 PM

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David Popp, Francesco Vona, Giovanni Marin, Ziqiao Chen. The Employment Impact of Green Fiscal Push: Evidence from the American Recovery Act: Evidence from the American Recovery Act. 2020. ⟨hal-03403066⟩

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