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Journal of Public Economics
Article . 2024 . Peer-reviewed
License: CC BY
Data sources: Crossref
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SSRN Electronic Journal
Article . 2022 . Peer-reviewed
Data sources: Crossref
EconStor
Research . 2022
Data sources: EconStor
EconStor
Research . 2022
Data sources: EconStor
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Job displacement costs of phasing out coal

Authors: Juan Pablo Rud; Michael Simmons; Gerhard Toews; Fernando M. Aragón;

Job displacement costs of phasing out coal

Abstract

The reduction of carbon emissions will require a rapid phasing out of coal and the displacement of millions of coal miners. How much could this energy transition cost mining workers? We use the dramatic collapse of the UK coal industry to estimate the long-term impact on displaced miners. We find evidence of substantial losses: wages fall by 40% and earnings fall by 80% to 90% one year after job loss. The losses are persistent and remain significantly depressed fifteen years later, amounting to present discounted value earnings losses of between four and six times the miners pre-displacement earnings.

Country
Sweden
Keywords

Economics, Großbritannien, O4, coal mines, Mining, miners, loss of earnings, Bergleute, J30, Nationalekonomi, Verdienstausfall, Old industrial region, labor displacement, ddc:330, Kohlenbergbau, Great Britain, Displacement, energy transition, Alte Industrieregion, Kündigung, Earnings, Unemployment, dismissal, J63, J64, coal mining

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
9
Top 10%
Average
Top 10%
Green
hybrid