Clean Air Action in China Boosts Job Creation in Clean Industries
The Clean Air Action in China led to changes in job availability, with some industries losing jobs while others gained. The action caused a decrease in labor demand in cities and firms affected by the regulations. Job destruction was higher in polluting industries, while clean industries saw more job creation. Over time, labor demand fluctuated, initially dropping before recovering. Firms hired more skilled workers due to the regulations, even though some firms reduced labor demand through equipment upgrades.