The DOI matches its Crossref record; 51 of the 54 references it cites were found in a registry or an index, and 1 are not checked yet.
Social Costs of Jobs Lost Due to Environmental Regulations
Open accessAbstract
This paper estimates the social costs of job loss due to environmental regulation. Per job lost, potential social costs of job loss are high, plausibly over $100,000 in present value costs (2012 dollars) per permanently lost job. However, these social costs will typically be far less than the earnings associated with lost jobs, because labor markets and workers adjust, increased leisure has some value, and employers benefit from wage reductions. A plausible range for social costs is 8-32 percent of the associated earnings of the lost jobs. Social costs will be higher for older workers, high-wage jobs, and in high unemployment conditions. Under plausible estimates of job loss for most environmental regulations, the social costs of job loss will typically be less than 10 percent of other measured social costs of regulations. Therefore, adding in job loss is unlikely to tip many regulatory benefit-cost analyses.
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Metadata
- Authors
- Bartik, T.
- Affiliations
- W.E. Upjohn Institute for Employment Research (US)
- Corresponding author
- Bartik, Timothy
- ORCID
- Bartik, Timothy
- Publisher
- Elsevier BV
- Published
- 2013
- OpenAlex
- W93419219
- Cited by
- 9
- References
- 54
- Citations by year
- 2020: 1 · 2019: 1 · 2017: 1 · 2015: 2 · 2014: 3
- Type
- report
- Language
- en
- Open access
- gold
- doi.org
- Locations
- SSRN Electronic Journal (acceptedVersion)
- Econstor (Econstor) (submittedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Upjohn Research (W.E. Upjohn Institute for Employment Research) (submittedVersion)
- Funders
- W.E. Upjohn Institute for Employment Research
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Labor market dynamics and wage inequality
- Social Sciences › Public Administration › Regulation and Compliance Studies
- Keywords
- environmental regulation, job loss, social costs, regulatory cost-benefit analysis, earnings, labor market adjustment, older workers, high-wage jobs, unemployment, leisure values, wage cuts
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