Shock or opportunity? Unveiling the effect of low-carbon transition on employment
Contact us if these videos are not relevant.
Contact us if these videos are not relevant.
View abstract on PubMed
Summary
This summary is machine-generated.The Low-carbon City Pilot (LCCP) policy in China significantly boosts employment at both regional and firm levels. This green development initiative creates jobs by encouraging environmental subsidies and expanding business investments.
Area Of Science
- Environmental Economics
- Labor Economics
- Regional Science
Background
- Economic stabilization and employment preservation are key objectives in the current economic climate.
- The low-carbon transition presents a critical juncture, potentially impacting employment dynamics in green development.
- Assessing the employment effects of environmental policies is crucial for sustainable economic strategies.
Purpose Of The Study
- To investigate the impact of the Low-carbon City Pilot (LCCP) policy on employment expansion in China.
- To analyze the effects of LCCP at both meso-regional and micro-firm levels.
- To identify mechanisms through which the LCCP policy influences job creation.
Main Methods
- Utilized multi-temporal difference-in-difference (DID) models.
- Analyzed comprehensive panel data from China spanning 2007-2019.
- Conducted mechanism analysis to explore causal pathways.
Main Results
- The LCCP policy significantly increases employment, with average treatment effects of 0.548% at the regional level and 5.892% at the firm level.
- Positive employment impacts were observed to vary by enterprise ownership, location, industry type, and energy consumption.
- State-owned enterprises, firms in eastern regions, those in secondary industries, and high-energy-consuming firms showed pronounced positive employment effects.
Conclusions
- The LCCP policy serves as a catalyst for employment growth within the framework of green development.
- Policy-driven employment expansion is achieved through increased government environmental subsidies and augmented enterprise investment.
- Findings support targeted policy recommendations for advancing low-carbon transitions and achieving sustainable development goals through job creation.
Contact us if these videos are not relevant.
Contact us if these videos are not relevant.
Related Concept Videos
Carbon is the basis of all organic matter on Earth, and is recycled through the ecosystem in two primary processes: one in which carbon is exchanged among living organisms, and one in which carbon is cycled over long periods of time through fossilized organic remains, weathering of rocks, and volcanic activity. Human activities, including increased agricultural practices and the burning of fossil fuels, has greatly affected the balance of the natural carbon cycle.
Biological Carbon Cycle
All...
Throughout its ~4.5 billion year history, the Earth has experienced periods of warming and cooling. However, the current drastic increase in global temperatures is well outside of the Earth’s cyclic norms, and evidence for human-caused global climate change is compelling. Paleoclimatology, the study of ancient climate conditions, provides ample evidence for human-caused global climate change by comparing recent conditions with those in the past.
Past Periods of Warming and Cooling
In...
As the human population continues to grow and use resources, we must be mindful of our planet’s natural limits. Sustainable development provides a pathway to maintain and improve human life now while also ensuring that future generations will have the resources that they need. The long-term success of sustainability efforts rests on understanding the interplay between human actions and ecological systems.
The oceans are one important focus of global conservation efforts. Overfishing,...
When an object is acted upon by a variable force, the amount of work done and the change in energy of the object can be more complex to calculate compared to when a constant force is applied. Work is the product of force and displacement, while energy is the capacity of a system to do work. When a constant force is applied to an object, the work done can be calculated as the product of the force and the distance moved in the direction of the force. However, when a variable force is applied, the...
When solving problems using the energy conservation law, the object (system) to be studied should first be identified. Often, in applications of energy conservation, we study more than one body at the same time. Second, identify all forces acting on the object and determine whether each force doing work is conservative. If a non-conservative force (e.g., friction) is doing work, then mechanical energy is not conserved. The system must then be analyzed with non-conservative work. Third, for...
The human body employs intricate mechanisms to counteract changes in blood pH, preventing conditions like acidosis (pH < 7.35) and alkalosis (pH > 7.45). These compensatory responses aim to restore normal arterial blood pH by engaging respiratory or renal systems, depending on the source of the imbalance.
Respiratory Compensation
This mechanism addresses metabolic-induced pH imbalances by adjusting breathing rates. Respiratory compensation begins within minutes of detecting a pH...