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Increased temperature-related mortality is predicted to be one of the largest contributors to future economic damages from climate change globally, with declines in cold-related deaths in some regions outweighed by increases in heat-related deaths in others. Changes in temperature could also...
Persistent link: https://www.econbiz.de/10014512049
This paper reviews and extends the recent empirical literature on the impact of climate change on mortality and adaptation in the United States. The analysis produces several new facts. First, the reductions in the impact of extreme heat on mortality risk previously documented up to 2004 have...
Persistent link: https://www.econbiz.de/10013334499
We use plant-level data from the US Census of Manufacturers to study the short and long run effects of temperature on manufacturing activity. We document that temperature shocks significantly increase energy costs and lower the productivity of small manufacturing plants, while large plants are...
Persistent link: https://www.econbiz.de/10014337767
Climate change increases weather variability, exacerbating agricultural risk in poor countries. Risk-averse farmers are …
Persistent link: https://www.econbiz.de/10014486264
How do firms mitigate the impact of rising temperatures on employment? Using establishment-level data, we show that firms operating in multiple counties in the United States respond to heat shocks by reducing employment in the affected locations and increasing it in unaffected locations, whereas...
Persistent link: https://www.econbiz.de/10014447288
We survey the microeconomics literature that studies how firms in the developing world are adapting to extreme weather …
Persistent link: https://www.econbiz.de/10015056174
Key methodologies used for managing weather risks have relied on the assumption that climate is not changing and that … the historic weather record is therefore representative of current risks. Anthropogenic climate change upends this … distribution, with associated costs for weather risk management and risk-averse decision-makers. These costs result purely from the …
Persistent link: https://www.econbiz.de/10014635647
-difference estimator using a 59-year-long panel of weather records paired with the fraction of a county that is irrigated in 393 counties … weather shocks in highly irrigated areas are not exogenous but are influenced by human responses in the form of irrigation …
Persistent link: https://www.econbiz.de/10014226163
administrative data from state child protective service agencies. Leveraging short-term weather variation, we find increases in …
Persistent link: https://www.econbiz.de/10014337756
fluctuations in heat exposure within cities. The results demonstrate that exposure to extremely hot weather during pregnancy … extreme weather generates health and economic costs …
Persistent link: https://www.econbiz.de/10014372441