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Some recent papers by Dell et al. (2009) and Dell et al. (2012) (DJO) relating weather and economic outcomes, have … countries, leaving rich countries basically unaffected. In this study, we make use of a detailed weather and economic dataset …
Persistent link: https://www.econbiz.de/10013023255
We survey the microeconomics literature that studies how firms in the developing world are adapting to extreme weather … exposure. We discuss benchmarks for measuring adaptation progress at the firm, industry and macroeconomic level …
Persistent link: https://www.econbiz.de/10015056174
This paper documents that seasonal temperatures have significant and systematic effects on the U.S. economy, both at the aggregate level and across a wide crosssection of economic sectors. This effect is particularly strong for the summer: an increase of 1°F in the average summer temperature is...
Persistent link: https://www.econbiz.de/10011484896
. The results are robust to alternative model specifications. Adaptation explains why a smooth aggregate response function … is compatible with sharply non-linear crop yield functions. With adaptation, the effect of warming on Western European …
Persistent link: https://www.econbiz.de/10011922161
cognitive tests among all the participants in a nationally representative longitudinal survey in China with weather data … with air conditioning installed on site are less vulnerable to extreme high temperatures, indicating the role of adaptation. …
Persistent link: https://www.econbiz.de/10014229137
This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis. Climate, soil, geography and regional socio-economic variables are matched with farm level data from 37,612 farms across Western Europe. We demonstrate that a median quantile...
Persistent link: https://www.econbiz.de/10010366158
. The results are robust to alternative model specifications. Adaptation explains why a smooth aggregate response function … is compatible with sharply non-linear crop yield functions. With adaptation, the effect of warming on Western European …
Persistent link: https://www.econbiz.de/10012892286
be more severe than that of hot days that are not preceded by other hot days. This study finds that some adaptation to …
Persistent link: https://www.econbiz.de/10014454645
, consistent with long-run adaptation to climate, sales sensitivity to weather declines with historical norms and variability of … weather. Short-run adaptation to weather shocks is dominated by changes in what people buy and how they buy it, with little … intertemporal substitution. Over four weeks, a one-standard deviation one-day weather shock shifts sales by about 10 percent. While …
Persistent link: https://www.econbiz.de/10012182107
This paper analyzes the short- and long-term impact of extreme weather events on educational outcomes in Mongolia. Our … comprehensive retrospective information on households’ historic experience with weather shocks. Exposure to the weather shock … climate data as well as household-level livestock losses. Exposure to weather shocks during preschool age (as opposed to …
Persistent link: https://www.econbiz.de/10011411244