Showing 1 - 10 of 30,719
We examine how the adverse impacts of weather shocks are distributed through the trade network. Exploiting a rich …
Persistent link: https://www.econbiz.de/10013359053
vulnerable than richer ones. A meta-analysis of the impact of weather shocks reveals that studies, which relate economic growth … implied by studies of the impact of climate change is close to the growth impact estimated as a function of weather shocks …
Persistent link: https://www.econbiz.de/10013362448
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 … weather shocks hitting individual regions. We also show that (i) taking into account economic interconnections between states …
Persistent link: https://www.econbiz.de/10014552864
average treatment effects and strong spatial spillovers, particularly for weather shocks. Moreover, substantial heterogeneity …
Persistent link: https://www.econbiz.de/10011872945
This paper investigates the impact of temperature on operating revenue as a measure of economic output for more than a quarter of a million business group firms operating in 32 countries. For this purpose, we construct a novel global dataset that combines information on firm financials,...
Persistent link: https://www.econbiz.de/10012508232
Are land locked countries subject to sea-level rise risk? We highlight a new mechanism by which physical climate shocks affects countries' macro-financial performance: the cross-border spillover effects that propagate through international trade. Basing our findings on historical data between...
Persistent link: https://www.econbiz.de/10014261346
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 …
Persistent link: https://www.econbiz.de/10012486667
, shocks in weather patterns affect farmers' expectations of farm yield and hence the decision to adopt farm inputs such as … this study, I explore the relationship between weather shocks and the intensity of inputs use at the plot level using large …
Persistent link: https://www.econbiz.de/10013203077
A growing literature estimates the macroeconomic effect of weather using variations in annual country-level averages of … frequency or higher spatial resolution. To address this issue, we rely on global daily weather measurements with a 30-km spatial … resolution from 1979 to 2019 and construct 164 weather variables and their lags. We select a parsimonious subset of relevant …
Persistent link: https://www.econbiz.de/10014079013
Using a difference in differences framework, I show that California households exposed to a severe heat wave are differentially more likely to adopt central air conditioning units than those less exposed, controlling for historical climate. Using these “induced adopters” to predict take-up,...
Persistent link: https://www.econbiz.de/10013218228