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  1. Building back better
    how big are green spending multipliers?
    Published: March 2021
    Publisher:  International Monetary Fund, [Washington, DC]

    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... more

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Unlimited inter-library loan, copies and loan

     

    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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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513574462
    Other identifier:
    Series: IMF working paper ; WP/21, 87
    Subjects: green multiplier; green stimulus; clean energy; conservation spending; nuclear energy; biodiversity; nature-based solutions; agricultural subsidies; fossil fuels; Bayesian Analysis; National Government Expenditures and Related Policies
    Scope: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  2. Building back better
    how big are green spending multipliers?
    Published: March 2021
    Publisher:  International Monetary Fund, [Washington, DC]

    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... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
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    Verlag (kostenfrei)
    Orient-Institut Beirut
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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
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    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

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513574462
    Other identifier:
    Series: IMF working paper ; WP/21, 87
    Subjects: green multiplier; green stimulus; clean energy; conservation spending; nuclear energy; biodiversity; nature-based solutions; agricultural subsidies; fossil fuels; Bayesian Analysis; National Government Expenditures and Related Policies; Macroeconomics; Economics: General; International Economics; Energy; Natural Resources; Environmental Conservation and Protection; Bayesian Analysis: General; National Government Expenditures and Related Policies: General; Environment and Growth; Agricultural and Natural Resource Economics; Environmental and Ecological Economics: General; Sustainable Development; Renewable Resources and Conservation: General; Energy and the Macroeconomy; Environmental Economics: General; Alternative Energy Sources; Nonrenewable Resources and Conservation: General; Ecological Economics: Ecosystem Services; Biodiversity Conservation; Bioeconomics; Industrial Ecology; Climate; Natural Disasters and Their Management; Global Warming; Economic & financial crises & disasters; Economics of specific sectors; Environmental management; Conservation of the environment; Climate change; Financial crises; Economic sectors; Environment; Renewable energy; Renewable resources; Non-renewable resources; Environmental protection; Greenhouse gas emissions; Currency crises; Informal sector; Economics; Renewable energy sources; Natural resources; Environmental protection; Greenhouse gases; Energy conservation
    Scope: 1 Online-Ressource (circa 48 Seiten), Illustrationen