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Wildfires and human health : evidence from 15 wildfire seasons in Chile
Arrizaga, Rubí; Clarke, Damian; Cubillos, Pedro P.; … - 2023
Wildfires are increasing in frequency and intensity. We study the impact of exposure to wildfires on air pollutants and on human health in Chile, finding substantial impacts on both classes of outcomes. We use data on 15 wildfire seasons (2004-2018) matched with granular (intra-day) records of...
Persistent link: https://www.econbiz.de/10014536589
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Natural disasters and labor market outcomes in Mexico
Acevedo, Ivonne; Castellani, Francesca; Lopez de la … - 2023
. Using panel data and a two-way fixed effects estimation, the analysis focuses on storms, floods, wildfires, and landslides …
Persistent link: https://www.econbiz.de/10014546319
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Does green infrastructure work? : precipitation, protected areas, Floods and Landslides
Robalino, Juan David; Mullan, Katrina; Piaggio, Matías; … - 2023
We evaluate whether floods and landslides are more likely when rain falls inside versus outside protected areas (PAs … floods and landslides is affected by whether rain falls inside or outside PAs. We use a two-way fixed effect panel data model … find that shifts in precipitation towards PAs reduce floods significantly. These results were highly robust. We also find …
Persistent link: https://www.econbiz.de/10014546431
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Macroeconomic spillovers of weather shocks across U.S. states
Bacchiocchi, Emanuele; Bastianin, Andrea; Moramarco, … - 2024 - This version: April 12, 2024
We estimate the short-run effects of severe weather shocks on local economic activity and assess cross-border spillovers operating through economic linkages between U.S. states. We measure weather shocks using a detailed county-level database on emergency declarations triggered by natural...
Persistent link: https://www.econbiz.de/10014552864
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Fiscal policy response of local governments to floods in Italy
Lodi, Chiara; Marin, Giovanni; Modica, Marco - 2022
floods, by accounting for heterogeneous levels of resilience and vulnerability to natural disasters. Our findings, based on a …
Persistent link: https://www.econbiz.de/10013463755
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Carbon boards and transition risk: explicit and implicit exposure implications for total stock returns and dividend payouts
Mazzarano, Matteo; Guastella, Gianni; Pareglio, Stefano; … - 2021
The Security and Exchange Commission (SEC) has considered climate change as a risk issue since 2010. Several emission disclosure initiatives exist aimed at informing investors about the financial risks associated with a zero or low carbon transition. Stricter regulations, particularly in a few...
Persistent link: https://www.econbiz.de/10012694482
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Environmental policy and investment location : the risk of carbon leakage in the EU ETS
D'Arcangelo, Filippo Maria; Galeotti, Marzio - 2022
This paper empirically investigates the effect of the European Emission Trading Scheme (EU ETS) on cross-country investments. To avoid carbon leakage, the scheme allocates a number of free allowances to firms at risk of relocating investments in areas outside the EU ETS. To study this problem,...
Persistent link: https://www.econbiz.de/10013438492
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Weather and income : lessons from the main European regions
García-León, David - 2015
Some recent papers by Dell et al. (2009) and Dell et al. (2012) (DJO) relating weather and economic outcomes, have delivered meaningful messages with clear implications to the effects of a changing climate. In a nutshell, the authors claim that a 1°C increase in global average temperatures...
Persistent link: https://www.econbiz.de/10010517704
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Adapting to climate change : long-term effects of drought on local labor markets
Bastos, Paulo; Busso, Matias; Miller, Sebastián - 2013
We examine the long-term impacts of drought on local labor markets in Brazil. Us- ing rainfall data going back over a century, we build contemporaneous and historical drought indices for more than 3,000 local areas, and examine them in conjunction with five waves of population census data...
Persistent link: https://www.econbiz.de/10010246482
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Economic implications of EU mitigation policies : domestic and international effects
Bosello, Francesco; Davide, Marinella; Alloisio, Isabella - 2016
The EU has a consolidated climate and energy regulation: it played a pioneering role by adopting a wide range of climate change policies and establishing the first regional Emission Trading Scheme (EU ETS). These policies, however, raise several concerns regarding both their environmental...
Persistent link: https://www.econbiz.de/10011457751