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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 …
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While there is a growing literature on the impact of climate and weather-related events on migration, little is known … response to weather shocks. We find that Fonden decreases migration in response to heavy rainfall, hurricanes and droughts …
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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...
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. Using within-county variation in weather, we estimate the effect of daily temperature on annual income in United States … usual" climate change projections indicates that warmer daily temperatures will lower annual growth by 0.06-0.16 percentage …
Persistent link: https://www.econbiz.de/10013040229
. Using within-county variation in weather, we estimate the effect of daily temperature on annual income in United States … usual" climate change projections indicates that warmer daily temperatures will lower annual growth by 0.06-0.16 percentage …
Persistent link: https://www.econbiz.de/10012457916