Mohaddes, Kamiar; Ng, Ryan N. C.; Pesaran, M. Hashem; … - In: Oxford open economics 2 (2023), pp. 1-11
We investigate the long-term macroeconomic effects of climate change across 48 US states over the period 1963-2016 using a novel econometric strategy that links deviations of temperature and precipitation (weather) from their long-term moving-average historical norms (climate) to various...