75
Views
0
CrossRef citations to date
0
Altmetric
Research Articles

The Economic and Environmental Effects of a Green Employer of Last Resort: A Sectoral Multiplier Analysis for the United States

ORCID Icon, ORCID Icon & ORCID Icon

References

  • Antonopoulos, R., S. Adam, T. Masterson, and D. B. Papadimitriou. 2014, April. Responding to the Unemployment Challenge: A Job Guarantee Proposal for Greece (Research Project Report). Annandale-on-Hudson, NY: Levy Economics Institute of Bard College.
  • Apostolopoulos, N., P. Liargovas, N. Rodousakis, and G. Soklis. 2022. “COVID-19 in US Economy: Structural Analysis and Policy Proposals.” Sustainability 14 (13): 7925. https://doi.org/10.3390/su14137925
  • Bogliacino, F., and Pianta, M. 2016. “The Pavitt Taxonomy, revisited: patterns of innovation in manufacturing and services.” Economia Politica, 33(2): 153–180.
  • Bowles, S., and R. Boyer. 1995. “Wages, Aggregate Demand, and Employment in an Open Economy: An Empirical Investigation.” In Macroeconomic Policy after the Conservative Era, edited by G. A. Epstein and H. M. Gintis. Cambridge: Cambridge University Press.
  • Chipman, J. S. 1950. “The Multi-Sector Multiplier.” Econometrica 18 (4): 355–374. https://doi.org/10.2307/1907834
  • Epstein, G. A. 2019. What’s Wrong with Modern Money Theory? A Policy Critique. New York: Springer.
  • Goodwin, R. M. 1949. “The Multiplier as Matrix.” The Economic Journal 59 (236): 537–555. https://doi.org/10.2307/2226572
  • Hein, E., and L. Vogel. 2007. “Distribution and Growth Reconsidered: Empirical Results for Six OECD Countries.” Cambridge Journal of Economics 32 (3): 479–511. https://doi.org/10.1093/cje/bem047
  • Kahn, R. F. 1931. “The Relation of Home Investment to Unemployment.” The Economic Journal 41 (162): 173–198. https://doi.org/10.2307/2223697
  • Kalecki, M. [1933] 1990. “Essay on the Business Cycle Theory.” In Collected Works of Michal Kalecki: Capitalism: Business Cycles and Full Employment, edited by J. Osiatyński. Oxford: Clarendon Press.
  • Keynes, J. M. 1936. The General Theory of Employment, Interest and Money. London: MacMillan.
  • Kurz, H. D. 1985. “Effective Demand in a “Classical” Model of Value and Distribution: The Multiplier in a Sraffian Framework.” The Manchester School 53 (2): 121–137. https://doi.org/10.1111/j.1467-9957.1985.tb01170.x
  • Leontief, W. W. 1941. The Structure of American Economy, 1919–1929: An Empirical Application of Equilibrium Analysis. Cambridge (MA): Harvard University Press.
  • Mariolis, T. 2008. “Pure Joint Production, Income Distribution, Employment and the Exchange Rate.” Metroeconomica 59 (4): 656–665. https://doi.org/10.1111/j.1467-999X.2008.00320.x
  • Mariolis, T., and G. Soklis. 2018. “The Static Sraffian Multiplier for the Greek Economy: Evidence from the Supply and Use Table for the Year 2010.” Review of Keynesian Economics 6 (1): 114–147. https://doi.org/10.4337/roke.2018.01.07
  • Mariolis, T., D. Badas, and E. Rodousaki. 2009. “The Sraffian Multiplier: Findings from the Symmetric Input–Output Table of the German Economy for the Year 2002.” Paper Presented at the 11th Conference of the Greek Historians of Economic Though & 1st Conference of the Greek Scientific Association of Political Economy, Department of Economics, University of Crete, June 19–20, 2019.
  • Mariolis, T., N. Ntemiroglou, and G. Soklis. 2018. “The Static Demand Multipliers in a Joint Production Framework: Comparative Findings for the Greek, Spanish and Eurozone Economies.” Journal of Economic Structures 7 (1): 1–20. https://doi.org/10.1186/s40008-018-0116-0
  • Mariolis, T., N. Rodousakis, and G. Soklis. 2021. “The COVID-19 Multiplier Effects of Tourism on the Greek Economy.” Tourism Economics 27 (8): 1848–1855. https://doi.org/10.1177/1354816620946547
  • Metcalfe, J. S., and I. Steedman. 1981. “Some Long-Run Theory of Employment, Income Distribution and the Exchange Rate.” The Manchester School 49 (1): 1–20. https://doi.org/10.1111/j.1467-9957.1981.tb00169.x
  • Miller, R. E., and P. D. Blair. 2009. Input-Output Analysis: Foundations and Extensions. New York: Cambridge University Press.
  • Miyazawa, K. 1960. “Foreign Trade Multiplier, Input-Output Analysis and the Consumption Function.” The Quarterly Journal of Economics 74 (1): 53–64. https://doi.org/10.2307/1884133
  • Naastepad, C. W. M., and S. Storm. 2007. “OECD Growth Regimes (1960–2000).” Journal of Post Keynesian Economics 29 (2) :211–46.).” https://doi.org/10.2753/PKE0160-3477290203
  • Nersisyan, Y., and L. R. Wray. 2021. “Can We Afford the Green New Deal?” Journal of Post Keynesian Economics 44 (1): 68–88. https://doi.org/10.1080/01603477.2020.1835499
  • Onaran, Ö., and G. Galanis. 2013. “Is Aggregate Demand Wage-Led or Profit-Led? A Global Model.” In Wage-Led Growth: An Equitable Strategy for Economic Recovery. (pp. 71–99). London: Palgrave Macmillan UK.
  • Pavitt, K. 1984. “Sectoral patterns of technical change: towards a taxonomy and a theory.” Research Policy 13(6): 343–373.
  • Rodousakis, N., and G. Soklis. 2022a. “The COVID-19 Multiplier Effects of Tourism on the German and Spanish Economies.” Evolutionary and Institutional Economics Review 19 (1): 497–510. https://doi.org/10.1007/s40844-021-00222-4
  • Rodousakis, N., and G. Soklis. 2022b. “The Impact of COVID-19 on the US Economy: The Multiplier Effects of Tourism.” Economies 10 (1): 2. https://doi.org/10.3390/economies10010002
  • Sorrell, S., J. Dimitropoulos, L. Hunt, D. Broadstock, G. Allan, M. Gilmartin, P. McGregor, K. Swales, K. Turner, M. Sommerville. 2007. “The Rebound Effect: An Assessment of the Evidence for Economy-Wide Energy Savings from Improved Energy Efficiency.” In UK Energy Research Centre’s Technology and Policy Assessment Research Report. London: UK Energy Research Centre.
  • Steedman, I. 1977. Marx after Sraffa. London: New Left Books.
  • Ten Raa, T. 2005. The Economics of Input-Output Analysis. Cambridge: Cambridge University Press.
  • Vernengo, M., and E. Pérez Caldentey. 2020. “Modern Money Theory (MMT) in the Tropics: Functional Finance in Developing Countries.” Challenge 63 (6): 332–348. https://doi.org/10.1080/05775132.2020.1747729
  • Vivanco, D. F., R. Kemp, and E. van der Voet. 2016. “How to Deal with the Rebound Effect? A Policy-Oriented Approach.” Energy Policy 94:114–25. https://doi.org/10.1016/j.enpol.2016.03.054
  • Yajima, G. T. 2023. “Beyond Job Guarantee: The Employer of Last Resort Program as a Tool to Promote the Energy Transition.” Review of Political Economy :1–32. Online first: https://doi.org/10.1080/09538259.2022.2156221
  • Yamano, N., and J. Guilhoto. 2020. “CO2 Emissions Embodied in International Trade and Domestic Final Demand: Methodology and Results Using the OECD Inter-Country Input-Output Database.” OECD Science, Technology and Industry Working Papers 2020/11. Paris: Organisation for Economic Co-operation and Development.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.