The Interplay between Green Policy, Electricity Prices, Financial Constraints and Jobs: Firm-Level Evidence

Bijnens, Gert; Hutchinson, John; Konings, Jozef; Guilhem, Arthur Saint

doi:10.2139/ssrn.3825658

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2022

2024

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Cited by 4 publications

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“…In particular, we relate to the empirical literature studying the employment effects of environmental regulation and energy prices, which often frames the debate as a "jobs versus the environment" trade-off (Morgenstern et al, 2002). Though most studies indeed find a negative relation between energy prices and employment (Deschênes 2012; Kahn and Mansur 2013;Bijnens et al 2021;Marin and Vona 2021), Hille and Möbius (2019) find no significant effect. Marin and Vona (2019) show that employment effects are heterogeneous across skill groups.…”

Section: Introductionmentioning

confidence: 99%

Labor Share, Industry Concentration and Energy Prices: Evidence from Europe

Curuk¹,

Rozendaal

2022

SSRN Journal

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Section: Introductionmentioning

confidence: 99%

Labor Share, Industry Concentration and Energy Prices: Evidence from Europe

Curuk¹,

Rozendaal

2022

SSRN Journal

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The Failures of the Entrepreneurial State: Subsidies to Renewable Energies in Europe

Amenta

Stagnaro²

2022

International Studies in Entrepreneurship

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Since the 1990s, the European Union has committed to gaining global leadership in clean energies such as solar photovoltaic and wind power. The joint amount of wind and solar capacity grew from 12.5 GW (or 2% of total installed electricity capacity) in 2000 to 261.2 GW in 2018 (or 28.1% of total installed electricity capacity). This came at a cost: In 2018 alone, the European Union (excluding the United Kingdom) spent €73 billion to subsidize green energy production. These financial aids were paid for by European energy consumers, mainly through levies charged on top of their power bills. According to proponents, these subsidies were needed to achieve sustainability while promoting the emergence of the European renewable industry. This chapter focuses on the European venture into renewable energies to answer the following three questions: (1) Was the subsidization of green electricity sources an effective environmental policy? (2) Was it an effective industrial policy? (3) Was it an effective social policy? The answer is: no, no, no.

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The impact of higher utility costs on firm performance in the manufacturing sector: the case of an emerging economy

Orțan

2024

Energy Efficiency

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The Interplay between Green Policy, Electricity Prices, Financial Constraints and Jobs: Firm-Level Evidence

Abstract: This paper should not be reported as representing the views of the European Central Bank (ECB). The views expressed are those of the authors and do not necessarily reflect those of the ECB.

Cited by 4 publications

References 26 publications

Labor Share, Industry Concentration and Energy Prices: Evidence from Europe

Labor Share, Industry Concentration and Energy Prices: Evidence from Europe

The Failures of the Entrepreneurial State: Subsidies to Renewable Energies in Europe

The impact of higher utility costs on firm performance in the manufacturing sector: the case of an emerging economy

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