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We examine how the adverse impacts of weather shocks are distributed through the trade network. Exploiting a rich, theoretically derived, fixed effects structure, we find significant negative short-run effects of high temperature on exports. A month with an average temperature above 30 °C...
Persistent link: https://www.econbiz.de/10013359053
This study estimates the impact of carbon pricing on international trade in equipment used in the combustion of fossil fuels during the period 1995-2021. Using detailed data on bilateral trade combined with data on domestic carbon prices, we find that carbon pricing policies are associated with...
Persistent link: https://www.econbiz.de/10014332164
This review summarizes the empirical literature on the effects of natural disasters and weather variations on international trade flows. A first result is that the body of literature is actually not as small as previously suggested. In total, I summarize 19 studies of 18 independent research...
Persistent link: https://www.econbiz.de/10011960760
This review summarizes the empirical literature on the effects of natural disasters and weather variations on international trade flows. A first result is that the body of literature is actually not as small as previously suggested. In total, I summarize 19 studies of 18 independent research...
Persistent link: https://www.econbiz.de/10012893877
We develop a simple methodology to estimate monthly aggregate supply and demand conditions from bilateral international trade data for about 180 countries and 40 years. We apply our method to measure the short-run effects of natural disasters. In line with theoretical considerations, we find...
Persistent link: https://www.econbiz.de/10012607100
This paper quantifies the impact of hurricanes on seaborne international trade to the United States. Using geocoded hurricane data mapped to satellite tracking data for commercial ships, we identify hurricane intersections on sea-trade routes between U.S. and foreign ports. Matching the timing...
Persistent link: https://www.econbiz.de/10013503844
In this paper, we study trade effects of droughts transmitted via damaged infrastructure. In particular, we suggest that droughts affect export via negative effects on infrastructure – land and water transport, electricity and water supply. Our estimations, based on data for export in 194...
Persistent link: https://www.econbiz.de/10012919568
This study estimates the impact of carbon pricing on international trade in equipment used in the combustion of fossil fuels during the period 1995--2021. Using detailed data on bilateral trade combined with data on domestic carbon prices, we find that carbon pricing policies are associated with...
Persistent link: https://www.econbiz.de/10014343780
Terrorist events typically vary along many dimensions, making it difficult to identify their economic effects. This paper analyzes the impact of terrorism on international trade by examining a series of three large-scale terrorist incidents in France over the period from January 2015 to July...
Persistent link: https://www.econbiz.de/10012438085
The purpose of this study is to measure the sensitivity of traded quantities and trade unit values to agricultural production shocks. We develop a general equilibrium model of trade in which production shocks in exporting countries affect both traded quantities and trade unit values. The model...
Persistent link: https://www.econbiz.de/10012912059