CREAT: Census Research Exploration and Analysis Tool

ENVIRONMENTAL REGULATION AND INDUSTRY EMPLOYMENT: A REASSESSMENT

July 2013

Working Paper Number:

CES-13-36

Abstract

This paper examines the impact of environmental regulation on industry employment, using a structural model based on data from the Census Bureau's Pollution Abatement Costs and Expenditures Survey. This model was developed in an earlier paper (Morgenstern, Pizer, and Shih (2002) - MPS). We extend MPS by examining additional industries and additional years. We find widely varying estimates across industries, including many implausibly large positive employment effects. We explore several possible explanations for these results, without reaching a satisfactory conclusion. Our results call into question the frequent use of the average impacts estimated by MPS as a basis for calculating the quantitative impacts of new environmental regulations on employment.

Document Tags and Keywords

Keywords Keywords are automatically generated using KeyBERT, a powerful and innovative keyword extraction tool that utilizes BERT embeddings to ensure high-quality and contextually relevant keywords.

By analyzing the content of working papers, KeyBERT identifies terms and phrases that capture the essence of the text, highlighting the most significant topics and trends. This approach not only enhances searchability but provides connections that go beyond potentially domain-specific author-defined keywords.
:
estimation, endogeneity, estimating, employment effects, recession, estimates employment, expenditure, regulated, regulation, regulatory, impact, spillover, consumption, pollution, environmental regulation, epa, environmental, pollutant, industries estimate, abatement expenditures, costs pollution, pollution abatement, environmental expenditures

Tags Tags are automatically generated using a pretrained language model from spaCy, which excels at several tasks, including entity tagging.

The model is able to label words and phrases by part-of-speech, including "organizations." By filtering for frequent words and phrases labeled as "organizations", papers are identified to contain references to specific institutions, datasets, and other organizations.
:
Standard Industrial Classification, Longitudinal Research Database, Center for Economic Studies, Ordinary Least Squares, Total Factor Productivity, National Bureau of Economic Research, Bureau of Economic Analysis, Manufacturing Energy Consumption Survey, Environmental Protection Agency, PAOC, Pollution Abatement Costs and Expenditures, Boston Research Data Center, National Ambient Air Quality Standards, North American Industry Classification System

Similar Working Papers Similarity between working papers are determined by an unsupervised neural network model know as Doc2Vec.

Doc2Vec is a model that represents entire documents as fixed-length vectors, allowing for the capture of semantic meaning in a way that relates to the context of words within the document. The model learns to associate a unique vector with each document while simultaneously learning word vectors, enabling tasks such as document classification, clustering, and similarity detection by preserving the order and structure of words. The document vectors are compared using cosine similarity/distance to determine the most similar working papers. Papers identified with 🔥 are in the top 20% of similarity.

The 10 most similar working papers to the working paper 'ENVIRONMENTAL REGULATION AND INDUSTRY EMPLOYMENT: A REASSESSMENT' are listed below in order of similarity.