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|c 5.00 USD
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|z 9781513574462
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Building Back Better :
|b How Big Are Green Spending Multipliers?.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2021.
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| 300 |
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|a 1 online resource (47 pages)
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| 490 |
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|a IMF Working Papers
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| 500 |
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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| 500 |
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper provides estimates of output multipliers for spending in clean energy and biodiversity conservation, as well as for spending on non-ecofriendly energy and land use activities. Using a new international dataset, we find that every dollar spent on key carbon-neutral or carbon-sink activities can generate more than a dollar's worth of economic activity. Although not all green and non-ecofriendly expenditures in the dataset are strictly comparable due to data limitations, estimated multipliers associated with spending on renewable and fossil fuel energy investment are comparable, and the former (1.1-1.5) are larger than the latter (0.5-0.6) with over 90 percent probability. These findings survive several robustness checks and lend support to bottom-up analyses arguing that stabilizing climate and reversing biodiversity loss are not at odds with continuing economic advances.
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|a Mode of access: Internet
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|a Bayesian Analysis
|2 imf
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|a National Government Expenditures and Related Policies
|2 imf
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| 830 |
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|a IMF Working Papers; Working Paper ;
|v No. 2021/087
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2021/087/001.2021.issue-087-en.xml
|z IMF e-Library
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