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Natural disasters and the effect of trade on income : a new panel IV approach
Felbermayr, Gabriel; Gröschl, Jasmin - 2011
Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...
Persistent link: https://www.econbiz.de/10009240715
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Climate change and economic activity : evidence from U.S. states
Mohaddes, Kamiar; Ng, Ryan N. C.; Pesaran, M. Hashem; … - 2022
We investigate the long-term macroeconomic effects of climate change across 48 U.S. states over the period 1963.2016 using a novel econometric strategy which links deviations of temperature and precipitation (weather) from their long-term moving-average historical norms (climate) to various...
Persistent link: https://www.econbiz.de/10012806494
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Long-term macroeconomic effects of climate change : a cross-country analysis
Kahn, Matthew E.; Mohaddes, Kamiar; Ng, Ryan N. C.; … - 2019
We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model …-capita real output growth is adversely affected by persistent changes in the temperature above or below its historical norm, but …
Persistent link: https://www.econbiz.de/10012031151
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Climate damages in convergence-consistent growth projections
Harding, Tony; Moreno Cruz, Juan; Quaas, Martin F.; … - 2023
projections can be resolved by accounting for growth convergence in a climate-econometric approach that is consistent with the …-level economic growth, our convergence-consistent projections reveal that under an unmitigated warming scenario, global climate …
Persistent link: https://www.econbiz.de/10014292777
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The impact of a large-scale natural disaster on local economic activity : evidence from the 2003 Bam earthquake in Iran
Farzanegan, Mohammad Reza; Fischer, Sven - 2023
This study provides new causal evidence for the impact of a large-scale natural disaster on local economic activity in Iran using nighttime light intensity. We apply the synthetic control method (SCM) and nighttime light (NTL) data from 1992 to 2020 for 31 provinces and 429 counties to study the...
Persistent link: https://www.econbiz.de/10014295084
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Global climate change and the resurgence of tropical disease : an economic approach
Gollin, Douglas; Zimmermann, Christian - 2010
We study the impact of global climate change on the prevalence of tropical diseases using a heterogeneous agent dynamic general equilibrium model. In our framework, households can take actions (e.g., purchasing bednets or other goods) that provide partial protection from disease. However, these...
Persistent link: https://www.econbiz.de/10003985867
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On welfare frameworks and catastrophic climate risks
Millner, Antony - 2013
Recent theoretical work in the economics of climate change has suggested that climate policy is highly sensitive to "fat-tailed" risks of catastrophic outcomes (Weitzman, 2009b). Such risks are suggested to be an inevitable consequence of scientific uncertainty about the effects of increased...
Persistent link: https://www.econbiz.de/10010199723
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Long-term growth effects of natural disasters : empirical evidence for droughts
Berlemann, Michael; Wenzel, Daniela - 2015
-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether … and how droughts affect medium and long-term growth. However, knowledge on the growth dynamics triggered by natural … this paper we deliver empirical support for the hypothesis of the existence of long-run growth effects of droughts. Based …
Persistent link: https://www.econbiz.de/10011384506
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Social inequalities in climate change-attributed impacts of hurricane harvey
Smiley, Kevin T.; Noy, Ilan; Wehner, Michael; Frame, Dave; … - 2021
Climate change is already increasing the severity of extreme weather events such as with rainfall during hurricanes. But no research to date investigates if, and to what extent, there are social inequalities in current climate change-attributed flood impacts. Here, we use climate change...
Persistent link: https://www.econbiz.de/10012668885
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A meta-analysis of the literature on climate change and migration
Beine, Michel; Jeusette, Lionel - 2018
Recent surveys of the literature on climate change and migration emphasize the important diversity of outcomes and approaches of the empirical studies. In this paper, we conduct a meta-analysis in order to investigate the role of the methodological choices of these empirical studies in finding...
Persistent link: https://www.econbiz.de/10011951977