Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
| Session | |
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Energy Transition: Labor, Innovation and Health Location: B132 Session Chair: Yi-Chun Ko, Asian Growth Research Institute | |
| Presentation 1 | |
A green wage premium? Ragnar Frisch Centre for Economic Research, Norway Many governments have set ambitious climate goals that require a shift away from fossil fuel-intensive industries toward climate-neutral jobs. A central open question is how wage opportunities in expanding green sectors compare to those in other parts of the labor market. We use rich Norwegian administrative register data to estimate green wage premiums in the presence of non-random sorting of workers across firms. On average, green firms pay statistically significant and economically meaningful wage premiums, consistent with a pattern of rent-sharing in high-revenue, highly innovative green firms. The premium is larger for non-college workers and those in low-skilled occupations. However, the average estimated wage premium for high-carbon firms is roughly twice as large as the green wage premium. This finding suggests that while the expansion of high-wage green firms may help mitigate the earnings losses associated with decarbonization, it is unlikely to fully offset them. | |

