IDEAS home Printed from https://ideas.repec.org/p/ieb/wpaper/doc2024-01.html
   My bibliography  Save this paper

Making Jobs Out of the Energy Transition: Evidence from the French Energy Efficiency Obligations Scheme

Author

Listed:
  • François Cohen

    (UB Department of Economics, Energy Sustainability Chair & IEB)

  • Victor Kahn

    (Mines Paris PSL)

  • Guillaume Wald

    (Mines Paris PSL)

Abstract

Vast amounts are being invested in the energy transition worldwide, with optimistic expectations of economic growth and green job creation. Yet, we crucially lack ex-post validations of the multiplier effects widely used to quantify new green jobs. Focusing on the French Energy Efficiency Obligations scheme, this paper provides the first ex-post estimate of the employment effect of a large energy-retrofit investment program. We exploit a discontinuity in the provision of subsidies and use a novel synthetic control method on disaggregated data to estimate regional-level employment effects. We estimate that the scheme created 1.4 jobs per million euros invested.

Suggested Citation

  • François Cohen & Victor Kahn & Guillaume Wald, 2024. "Making Jobs Out of the Energy Transition: Evidence from the French Energy Efficiency Obligations Scheme," Working Papers 2024/01, Institut d'Economia de Barcelona (IEB).
    • Handle: RePEc:ieb:wpaper:doc2024-01
    as

    Download full text from publisher

    File URL: https://ieb.ub.edu/ca/publication/2024-01-issue-brief-making-jobs-out-of-the-energy-transition-evidence-from-the-french-energy-efficiency-obligations-scheme/
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Energy Efficiency; Green Jobs; Employment; Energy Transition; Subsidies; Certificates;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ieb:wpaper:doc2024-01. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/iebubes.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.