Effect of Climate Policies on Labor Markets in Developing Countries : Review of the Evidence and Directions for Future Research
This study surveys one of the critical welfare aspects of contemplating climate policies in developing countries and their potential effect on workers and labor markets. The existing body of evidence finds that climate policies will likely cause a...
| Main Authors: | , , , , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/835221518033342801/Effect-of-climate-policies-on-labor-markets-in-developing-countries-review-of-the-evidence-and-directions-for-future-research http://hdl.handle.net/10986/29343 |
| Summary: | This study surveys one of the critical
welfare aspects of contemplating climate policies in
developing countries and their potential effect on workers
and labor markets. The existing body of evidence finds that
climate policies will likely cause a significant reduction
of jobs in fossil-fuel industries. These industries make up
a relatively small share of total employment, even in
fossil-fuel-intensive countries. Therefore, the effect on
aggregate employment will likely be small, especially over
the long term, since there will be offsetting gains in other
industries. However, most of the literature ignores the key
features of developing country labor markets and may
significantly misrepresent the dynamics of labor market
adjustment to climate policies. |
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