Building Back Better: How Big are Green Spending Multipliers?

Batini, Nicoletta; Melina, Giovanni; Serio, Mario di; Fragetta, Matteo

doi:10.2139/ssrn.4026260

Cited by 15 publications

(11 citation statements)

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“…In recent years, the literature also suggests that public spending on environmentally friendly investment is likely to crowd in more private investment. Batini et al (2021), for instance, find an impact multiplier of 1.2 for renewable energy investment and of 4.1 for nuclear energy investment, but the multiplier is only 0.65 for "brown" energy investment.…”

Section: Conditions Under Which Crowding In Is More Likelymentioning

confidence: 99%

10. COVID-19 and the Corporate Digital Divide

Rückert¹,

Veugelers²,

Virginie³

et al. 2021

Open Reports Series

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His main expertise is in international political economy (IPE), in particular the problem of uneven deveolopment and the new challenges posed by rising countries to the current global governance scheme.Andrea Brasili is a Senior Economist at the EIB (Luxembourg) where his research interests are both micro (firm level) data analysis and macroeconomic developments, in particular those related to fiscal policy. He received his PhD in Public Economics from the University of Pavia (Italy). Before joining the EIB, he worked in the private sector (in Italian banks and asset management companies) as a research economist, still collaborating with academia.

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Section: Conditions Under Which Crowding In Is More Likelymentioning

confidence: 99%

10. COVID-19 and the Corporate Digital Divide

Rückert¹,

Veugelers²,

Virginie³

et al. 2021

Open Reports Series

View full text Add to dashboard Cite

show abstract

“…Furthermore, based on the work on Braennlund and Gren (1999), they find that carbon taxes have a positive effect on output and employment for countries that used carbon tax revenues to reduce their taxes. With regards to green investments, Batini et al (2021) show that the multipliers associated with investments on carbon sinking or carbon neutral activities are 2 to 7 times higher than the ones with non-eco-friendly expenditure, boosting economic activity.…”

Section: Channels and Literaturementioning

confidence: 99%

Demand or Supply? An Empirical Exploration of the Effects of Climate Change on the Macroeconomy

Ciccarelli

Marotta

2021

SSRN Journal

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“…Discarding a gasoline car requires adequate substitutes for commuting. With large output and employment spillovers (or multipliers) to the rest of economy, low-carbon public investment is also an effective fiscal policy tool to boost economic activity Batini et al 2021).…”

Section: E Accelerate Public Investment In Sustainable Infrastructurementioning

confidence: 99%

How to Achieve Inclusive Growth

2021

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Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. This book brings together leading academic economists and experts from several international institutions to explain the sources and scale of these challenges. The book summarizes a wide array of empirical evidence and country experiences, lays out practical policy solutions, and devises a comprehensive and unified plan of action for combatting these economic and social disparities. This authoritative book is accessible to policy makers, students, and the general public interested in how to craft a brighter future by building a sustainable, green, and inclusive society in the years ahead.

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Building Back Better: How Big are Green Spending Multipliers?

Cited by 15 publications

References 0 publications

10. COVID-19 and the Corporate Digital Divide

10. COVID-19 and the Corporate Digital Divide

Demand or Supply? An Empirical Exploration of the Effects of Climate Change on the Macroeconomy

How to Achieve Inclusive Growth

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