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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
Climate change increases weather variability, exacerbating agricultural risk in poor countries. Risk-averse farmers are …
Persistent link: https://www.econbiz.de/10014486264
an unusual weather pattern depend crucially on actuarial models for determining event (e.g., default) probabilities. In …
Persistent link: https://www.econbiz.de/10012470623
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
Miguel, Satyanath and Sergenti (2004) use rainfall variation as an instrument to show that economic growth is negatively related to civil conflict in sub-Saharan Africa. In the reduced form regression they find that higher rainfall is associated with less conflict. Ciccone (2010) claims that...
Persistent link: https://www.econbiz.de/10012462196
We examine the effects of cold weather periods on family budgets and on nutritional outcomes in poor American families … unusually cold weather (a 10 degree F drop below normal). At same time, poor families reduce food expenditures by roughly the … their children outside the South spend and eat less food during cold weather temperature shocks. We surmise that existing …
Persistent link: https://www.econbiz.de/10012469710
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
Do environmental conditions pose greater health risks to individuals living in urban or rural areas? The answer is theoretically ambiguous: while urban areas have traditionally been associated with heightened exposure to environmental pollutants, the economies of scale and density inherent to...
Persistent link: https://www.econbiz.de/10014447311
frequent crop and livestock losses from extreme weather events. This raises concerns that sudden, weather-related drops in farm … disaster risks, we estimate an instrumental variables model and find that farm income elasticities of demand for outpatient …
Persistent link: https://www.econbiz.de/10013190992
disaster shock on economic activity and on uncertainty is studied using a VAR. While past natural disasters are local in nature … of large disaster shocks. Even in a fairly conservative case where COVID-19 is a 5-month shock with its magnitude … impact of COVID-19. A costly disaster series is constructed over the sample 1980:1-2020:04 and the dynamic impact of a …
Persistent link: https://www.econbiz.de/10012481943