Beyond traditional wage premium: an analysis of wage greenium in Latin America

This paper estimates wage differentials between green and non-green jobs (wage greenium) in nine major Latin American countries (Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Peru and Uruguay), which account for 81% of the region’s GDP. We contribute to the recent literature highligh...

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Autores principales: Cerimelo, Manuela, De La Vega, Pablo, Porto, Natalia, Vazquez, Franco
Formato: Articulo Documento de trabajo
Lenguaje:Inglés
Publicado: 2024
Materias:
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/162164
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spelling I19-R120-10915-1621642024-03-05T16:58:16Z http://sedici.unlp.edu.ar/handle/10915/162164 Beyond traditional wage premium: an analysis of wage greenium in Latin America Cerimelo, Manuela De La Vega, Pablo Porto, Natalia Vazquez, Franco 2024-02 2024-02-01T15:36:23Z en Ciencias Económicas labor markets green jobs wage premium wage differentials Latin America This paper estimates wage differentials between green and non-green jobs (wage greenium) in nine major Latin American countries (Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Peru and Uruguay), which account for 81% of the region’s GDP. We contribute to the recent literature highlighting a positive wage gap for those working in green jobs in developed countries. A positive wage gap for green jobs may be a virtuous market feature, as it means that in the future workers might be encouraged to switch to greener occupations. To do so, we define green jobs as those occupations with high greenness scores using the occupational approach as in Vona et al. (2018), Vona (2021) and de la Vega et al. (2024). Our results suggest that the wage greenium for the period 2012-2019 in Latin America was between 18% to 22%. Moreover, this wage gap has remained relatively stable over the years. Centro de Estudios Distributivos, Laborales y Sociales Articulo Documento de trabajo http://creativecommons.org/licenses/by/4.0/ Creative Commons Attribution 4.0 International (CC BY 4.0) application/pdf
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
labor markets
green jobs
wage premium
wage differentials
Latin America
spellingShingle Ciencias Económicas
labor markets
green jobs
wage premium
wage differentials
Latin America
Cerimelo, Manuela
De La Vega, Pablo
Porto, Natalia
Vazquez, Franco
Beyond traditional wage premium: an analysis of wage greenium in Latin America
topic_facet Ciencias Económicas
labor markets
green jobs
wage premium
wage differentials
Latin America
description This paper estimates wage differentials between green and non-green jobs (wage greenium) in nine major Latin American countries (Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Peru and Uruguay), which account for 81% of the region’s GDP. We contribute to the recent literature highlighting a positive wage gap for those working in green jobs in developed countries. A positive wage gap for green jobs may be a virtuous market feature, as it means that in the future workers might be encouraged to switch to greener occupations. To do so, we define green jobs as those occupations with high greenness scores using the occupational approach as in Vona et al. (2018), Vona (2021) and de la Vega et al. (2024). Our results suggest that the wage greenium for the period 2012-2019 in Latin America was between 18% to 22%. Moreover, this wage gap has remained relatively stable over the years.
format Articulo
Documento de trabajo
author Cerimelo, Manuela
De La Vega, Pablo
Porto, Natalia
Vazquez, Franco
author_facet Cerimelo, Manuela
De La Vega, Pablo
Porto, Natalia
Vazquez, Franco
author_sort Cerimelo, Manuela
title Beyond traditional wage premium: an analysis of wage greenium in Latin America
title_short Beyond traditional wage premium: an analysis of wage greenium in Latin America
title_full Beyond traditional wage premium: an analysis of wage greenium in Latin America
title_fullStr Beyond traditional wage premium: an analysis of wage greenium in Latin America
title_full_unstemmed Beyond traditional wage premium: an analysis of wage greenium in Latin America
title_sort beyond traditional wage premium: an analysis of wage greenium in latin america
publishDate 2024
url http://sedici.unlp.edu.ar/handle/10915/162164
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