studies, it is focused on China due to its crucial role in global cli-mate policy and its responsibility as the worldwide … individuals from five cities in China, namely Beijing, Guangzhou, Chengdu, Wuhan, and Shenyang. In line with previous studies in … existence of global climate change, which seems to be a convenient basis for ambitious climate policy in China. Our econometric …

We constructed an Actuary Climate Index to measure extreme weather risks in China. Analyzing macroeconomic data through … credit obtained by non-financial firms. In our regression analysis of a panel of firms listed in China, the negative effects …