Journal
JOURNAL OF CLEANER PRODUCTION
Volume 297, Issue -, Pages -Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.jclepro.2021.126652
Keywords
Employment adjustment; Energy conservation and emissions reduction; Export scope adjustment; job creation; job destruction
Categories
Funding
- Major Projects of National Natural Science Foundation of China [71934005]
- National Natural Science Foundation of China [71503024]
- Beijing Natural Science Foundation [9192015]
- National Social Science Foundation of China [20ZDA102, 19FJLB023]
- Priority Academic Program Development of Jiangsu Higher Education Institutions (PAPD)
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This study examines the impact of China's energy conservation and emissions reduction (ECER) policy on employment adjustment. The results show that the ECER policy significantly promotes net job growth by increasing firms' job creation effect and weakening the job destruction effect. The policy also promotes job growth through the mediating mechanism of the productivity effect and adjustment in the scope of exports.
In the Action Plan for 10,000 Firms to Save Energy and Lower Carbon Emissions, China assigns responsibility for achieving the overall goal of achieving energy conservation and emissions reduction (ECER) to firms, which strengthens monitoring of ECER and pollution control. Based on the data on Chinese industrial firms and customs during 2010 and 2013, this paper analyzes the effect of ECER policy on employment adjustment with a difference-in-difference (DID) model and a mediating effect model. The results indicate that ECER policy significantly promotes net job growth by increasing firms' job creation effect and weakening the job destruction effect. For every 1% increase in ECER policy intensity, net job growth increases by 8.04%. The heterogeneity analysis shows that ECER policy weakens net job growth at firms with high export intensity, high market concentration, and high pollution and increases net job growth at firms in regions that are highly market based. ECER policy promotes job growth through the mediating mechanism of the productivity effect and adjustment in the scope of exports. Our results are helpful for assessing the shock to employment from Chinese environmental policy and provides feasible policy suggestions for adjusting existing laws and regulations to achieve higher social welfare. (c) 2021 Elsevier Ltd. All rights reserved.
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