Zhang, Peng; Deschênes, Olivier; Meng, Kyle C.; Zhang, … - 2017
This paper uses detailed production data from a half million Chinese manufacturing plants over 1998-2007 to estimate … the effects of temperature on firm-level total factor productivity (TFP), factor inputs, and output. We detect an inverted … adaptation were to occur, we project that climate change will reduce Chinese manufacturing output annually by 12%, equivalent to …