Investigation on the Job Creation Effect of Green Energy in OECD Countries

Author(s):  
Mehmet Akif Destek ◽  
Ferda Nakipoglu Ozsoy ◽  
Asli Ozpolat
Energies ◽  
2021 ◽  
Vol 14 (14) ◽  
pp. 4269
Author(s):  
Luigi Aldieri ◽  
Jonas Grafström ◽  
Concetto Paolo Vinci

The purpose of this paper is to establish if Marshallian and Jacobian knowledge spillovers affect job creation in the green energy sector. Whether these two effects exist is important for the number of jobs created in related fields and jobs pushed away in other sectors. In the analysis, the production efficiency, in terms of jobs and job spillovers, from inventions in solar, wind and energy efficiency, is explored through data envelopment analysis (DEA), based on the Malmquist productivity index, and tobit regression. A panel dataset of American and European firms over the period of 2002–2017 is used. The contribution to the literature is to show the role of the spillovers from the same technology sector (Marshallian externalities), and of the spillovers from more diversified activity (Jacobian externalities). Since previous empirical evidence concerning the innovation effects on the production efficiency is yet weak, the paper attempts to bridge this gap. The empirical findings suggest negative Marshallian externalities, while Jacobian externalities have no statistical impact on the job creation process. The findings are of strategic importance for governments who are developing industrial strategies for renewable energy.


Significance Democrats see infrastructure spending as driving both the post-pandemic recovery through job creation and the transition to green energy needed to meet climate mitigation goals. Given broad acknowledgement that US competitiveness is damaged by ageing and poorly maintained infrastructure, Biden hopes for bipartisan support in Congress. Impacts Biden will use infrastructure investment to increase domestic procurement and so generate US industrial jobs. Additional infrastructure investment could give a renewed boost to regional and local economic development programmes. US voters remain reluctant to meet the cost of using, maintaining and improving infrastructure through user-based fees or taxes.


2020 ◽  
Vol 26 (4) ◽  
pp. 619-647

This study explores the key macroeconomic determinants of job creation in Organisation for Economic Co-operation and Development (“OECD”) countries and Emerging economies. A panel dataset consisting of 56 countries between 1980 and 2014 was used to examine the impact of the explanatory variables on job creation. In light of the rapid increase in globalisation-induced factors over recent decades, contrary to popular belief, technology was evidenced to substitute labour in emerging economies but was insignificant for OECD countries. Productivity was significant and positive for just the OECD countries. However, the study is unable to provide sufficient evidence of Foreign Direct Investment (FDI) or inflation being significant determinants of job creation. The practical implications of the results are that it dismisses theories suggesting productivity results with job losses. The study also provides further evidence supporting several research by observing the detrimental effects of minimum wage policies on employment. Furthermore, economic growth remains a significant determinant of job creation.


1986 ◽  
Vol 28 (4) ◽  
pp. 534-544
Author(s):  
B.H. Casey ◽  
S.W. Creigh

Australia's two major public sector job creation schemes in the 1980s—the Wage Pause Program and the Community Employment Program—have been primarily intended to provide full-time employment. This emphasis parallels that found in most other OECD countries. However, recently Great Britain, Sweden and France have pioneered large-scale part-time job creation schemes. In this paper several possible benefits from an increased emphasis on part-time job creation in Australia are reviewed, especially with reference to the information obtained during the evaluation of the Wage Pause Program. These benefits include increasing the number of job slots provided for a given net cost, improving training provisions, and assisting community sponsors with limited administrative resources. The implications of part-time arrangements, such as those developed overseas, for job creation in Australia are explored.


2021 ◽  
Vol 13 (8) ◽  
pp. 4118 ◽  
Author(s):  
Samuel Asumadu Sarkodie ◽  
Ahdi Noomen Ajmi ◽  
Festus Fatai Adedoyin ◽  
Phebe Asantewaa Owusu

The increasing global attention on climate change underscores the importance of alternative energy technologies with emission reduction effects. However, there are several caveats of economic productivity and environmental sustainability tradeoffs that require empirical consideration—owing to long-term effects on climate change. Here, we examine the relationship between emissions, green energy-based innovations, and energy research and development across energy-intensive OECD countries while accounting for industrial structure dynamics. We utilize several novel time series and panel estimation techniques including time-varying causality, defactored instrumental variable-based homogeneous, and heterogeneous slope dynamics that control for unobserved common factors. Our empirical assessment emphasizes the significance of energy research and development in expanding green energy innovations while reducing long-term emissions. Conversely, continual dependence on obsolete energy research and development may worsen environmental sustainability. However, the inclusion of green energy technologies offset environmental pollution without compromising economic productivity. Besides, the mitigation effect of energy research and development is channeled through a decline in energy intensity and technological advancement. We show that green energy-based innovations and energy research and development play a critical role in achieving environmental sustainability in OECD countries.


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