Building Back Better : How Big Are Green Spending Multipliers?.

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 activitie...

詳細記述

書誌詳細
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2021.
シリーズ:IMF Working Papers; Working Paper ; No. 2021/087
主題:
オンライン・アクセス:Full text available on IMF
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245 1 0 |a Building Back Better :   |b How Big Are Green Spending Multipliers?. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2021. 
300 |a 1 online resource (47 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |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. 
538 |a Mode of access: Internet 
650 7 |a Bayesian Analysis  |2 imf 
650 7 |a National Government Expenditures and Related Policies  |2 imf 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2021/087 
856 4 0 |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