affect growth prospects globally. Current robust estimates of the effects of typhoons and droughts point to both short- and …

The ongoing process of climate change goes along with a higher frequency and/or severity of droughts. While the short …-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether … and how droughts affect medium and long-term growth. However, knowledge on the growth dynamics triggered by natural …

I propose a new conceptual framework to disentangle the impacts of weather and climate on economic activity and growth …: A stochastic frontier model with climate in the production frontier and weather shocks as a source of inefficiency. I … in both rich and poor countries; positively in cold countries and negatively in hot ones. Weather anomalies reduce …