| 来源类型 | Working Paper
|
| 规范类型 | 报告
|
| DOI | 10.3386/w20808
|
| 来源ID | Working Paper 20808
|
| Who Loses Under Power Plant Cap-and-Trade Programs? |
| E. Mark Curtis
|
| 发表日期 | 2015-01-05
|
| 出版年 | 2015
|
| 语种 | 英语
|
| 摘要 | This paper tests how a major cap-and-trade program, known as the NOx Budget Trading Program (NBP), impacted labor markets in the regions where it was implemented. The cap-and-trade program dramatically decreased levels of NOx emissions and added substantial costs to energy producers. Using a triple-differences approach that takes advantage of the geographic and time variation of the program as well as variation in industry energy-intensity levels, I examine how employment dynamics changed in manufacturing industries whose production process requires high levels of energy. After accounting for a variety of flexible state, county and industry trends, I find that employment in the manufacturing sector dropped by 1.3% as a result of the NBP. Young workers experienced the largest employment declines and earnings of newly hired workers fell after the regulation began. Employment declines are shown to have occurred primarily through decreased hiring rates rather than increased separation rates, thus mitigating the impact on incumbent workers. |
| 主题 | Environmental and Resource Economics
; Renewable Resources
; Environment
|
| URL | https://www.nber.org/papers/w20808
|
| 来源智库 | National Bureau of Economic Research (United States)
|
| 引用统计 |
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578481
|
推荐引用方式
GB/T 7714 |
E. Mark Curtis. Who Loses Under Power Plant Cap-and-Trade Programs?. 2015.
|
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