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This paper investigates the interrelation between adaptation and climate protection efforts of individuals in a cross …, private adaptation and climate protection activities are determined by different factors and thus cannot be substitutes …. Considering seven climate protection and four adaptation measures, these theoretical predictions are tested empirically using …
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We investigate the long-term macroeconomic effects of climate change across 48 U.S. states over the period 1963.2016 using a novel econometric strategy which links deviations of temperature and precipitation (weather) from their long-term moving-average historical norms (climate) to various...
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adaptation in the United States. The analysis produces several new facts. First, the reductions in the impact of extreme heat on … and consumption related to high temperatures, a commonly-used proxy for measuring the consumption of adaptation services … magnitude larger than the private cost of adaptation associated with electricity consumption. …
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The high and increasing cost of natural disasters around the world motivates a growing body of literature on the role of natural disaster insurance in adapting to climate change. This chapter reviews current challenges in both public and private natural disaster insurance markets in the United...
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