vulnerable than richer ones. A meta-analysis of the impact of weather shocks reveals that studies, which relate economic growth … to temperature levels, cannot agree on the sign of the impact whereas studies, which make economic growth a function of … temperature change do agree on the sign but differ an order of magnitude in effect size. The former studies posit that climate …

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 … test it on a sample of 160 countries over the period 1950-2014. Temperature and rainfall determine production possibilities …

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 … test it on a sample of 160 countries over the period 1950-2014. Temperature and rainfall determine production possibilities …