European Green Deal and Recovery Plan: green jobs, skills and wellbeing economics

García-Vaquero, M; Bayón, Antonio Sánchez; Lominchar, J

doi:10.20944/preprints202106.0193.v1

2021

DOI: 10.20944/preprints202106.0193.v1

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European Green Deal and Recovery Plan: green jobs, skills and wellbeing economics

M García-Vaquero¹,

Antonio Sánchez Bayón²,

J Lominchar³

Abstract: This is a paper of Political Economy and Economic Policies into the European Green Deal framework to improve the Recovery Plan post-COVID-19. This paper is focused on the green jobs opportunity for Europe, especially for Spain. It is offered a systematization of concepts and calculations in the issue (attending the international institutions and forums proposals) to harmonize the recovery plans, to apply them beyond the energy sector and to align public and private sector, as well other key stakeholders in ach… Show more

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Cited by 8 publications

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Portuguese Textiles and Apparel Industry: Assessing the Effect of International Trade on Employment and Green Employment

Ribeiro

2024

Administrative Sciences

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This study examines the impact of international trade activities on employment in the Portuguese textiles and apparel industry from 2010 to 2017. It finds evidence that imports and exports have a persistent, negative, and significant effect on overall job creation, with this impact intensifying over the long-run. Additionally, the increasing elasticity of substitution between imports and exports indicates that private companies of this industry have benefited from a win–win situation characterised by higher production volumes and lower marginal costs. By applying an unsupervised machine-learning method, followed by a discrete choice analysis to infer the firm-level propensity to possess green capital, we identify a phenomenon termed the green international trade paradox. This study also reveals that international trade activities positively influence green job creation in firms lacking green capital if and only if these players are engaged in international markets while negatively affecting firms already endowed with green technologies. As such, empirical results suggest that the export-oriented economic model followed over the last decade by the Portuguese textiles and apparel industry has not necessarily generated new domestic employment opportunities but has significantly altered the magnitude and profile of skill requirements that employers seek to identify in new workforce hires.

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Portuguese Textiles and Apparel Industry: Assessing the Effect of International Trade on Employment and Green Employment

Ribeiro

2024

Administrative Sciences

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Green Deal and Carbon Neutrality Assessment of Czechia

2023

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The European Green Deal declares climate neutrality as a goal for the year 2050. It establishes an EU binding target to reduce greenhouse gas emissions by 55 percent by 2030 compared to 1990. The market, through the EU Emissions Trading Scheme, will determine how EU member states contribute to this target. The Effort Sharing Regulation defines binding national targets to reduce the remaining GHG emissions not covered by the EU ETS. In this paper, an energy optimization model is applied to analyze the capability of Czechia to meet the climate change targets by 2030 and 2050. We define a baseline scenario derived from the National Energy and Climate Plan and three policy scenarios to assess impacts of the extension of the EU ETS to buildings and transport (EU ETS 2) and the coal phase-out on the Czech energy system. One of the policy scenarios aims at approaching climate neutrality in 2050. In addition, another scenario does not assess the impacts of the EU ETS 2 and coal phase-out but searches for the optimal path to achieve climate neutrality in 2050. Given the high level of GHG emissions in 1990 and the significant reduction in GHG emissions in the 1990s, Czechia could achieve a 55% reduction by 2030. However, further decarbonization will be quite challenging.

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European Green Deal, Energy Transition and Greenflation Paradox under Austrian Economics Analysis

García-Vaquero,

Daumann,

Sánchez-Bayón

2024

Energies

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Greenflation or inflation for green energy transition in Europe becomes a structural problem of new scarcity and poverty, under Austrian Economics analysis. The current European public agenda on the Green Deal and its fiscal and monetary policies are closer to coercive central planning, against the markets, economic calculus, and Mises’ theorem. In this paper, attention is paid to the green financial bubble and the European greenflation paradox: in order to achieve greater future social welfare, due to a looming climate risk, present wellbeing and wealth is being reduced, causing a real and ongoing risk of social impoverishment (to promote the SGD 13 on climate action, it is violated by SGD 1–3 on poverty and hunger and 7–12 on affordable energy, economic growth, sustainable communities, and production). According to the European Union data, the relations are explained between green transition and public policies (emissions, tax, debt, credit boom, etc.), GDP variations (real–nominal), and the increase of inflation and poverty. As many emissions are reduced, there is a decrease of GDP (once deflated) and GDP per capita, evidencing social deflation, which in turn means more widespread poverty and a reduction of the middle-class. Also, there is a risk of a green-bubble, as in the Great Recession of 2008 (but this time supported by the European Union) and possible stagflation (close to the 1970s). To analyze this problem generated by mainstream economics (econometric and normative interventionism), this research offers theoretical and methodological frameworks of mainline economics (positive explanations based on principles and empirical illustrations for complex social phenomena), especially the Austrian Economics and the New-Institutional Schools (Law and Economics, Public Choice, and Comparative Constitutional Economics).

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European Green Deal and Recovery Plan: green jobs, skills and wellbeing economics

Cited by 8 publications

References 10 publications

Portuguese Textiles and Apparel Industry: Assessing the Effect of International Trade on Employment and Green Employment

Portuguese Textiles and Apparel Industry: Assessing the Effect of International Trade on Employment and Green Employment

Green Deal and Carbon Neutrality Assessment of Czechia

European Green Deal, Energy Transition and Greenflation Paradox under Austrian Economics Analysis

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