Title

Do Economic Conditions Affect Climate Change Beliefs and Support for Climate Action? Evidence from the US in the Wake of the Great Recession

Document Type

Article

Publication Date

1-2022

Publisher

Wiley

Source Publication

Economic Inquiry

Source ISSN

0095-2583

Original Item ID

DOI: 10.1111/ecin.13036

Abstract

I show that climate skepticism increases with negative economic shocks and that the effects are concentrated among individuals in the labor force. I primarily employ a panel of US individuals in the period following the Great Recession, but also find consistent results with an alternative instrumental variables strategy. Among labor force participants, a one‐percentage point increase in the local unemployment rate leads to a three to five percentage point decrease in the probability of believing climate change is real and requires action. I conclude that support for climate change policies could depend on labor market conditions.

Comments

Economic Inquiry, Vol. 60, No. 1 (January 2022): 64-86. DOI.

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