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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
In the intensifying public debate about limiting the harmful effects of climate change, many global corporations have recently articulated so-called “net-zero” goals for reducing and ultimately eliminating their own greenhouse gas emissions. We first examine the details ofthe carbon...
Persistent link: https://www.econbiz.de/10012549037
baseline model by adding climate-induced fluctuations around the growth trend and stock-pollution effects, demonstrating …
Persistent link: https://www.econbiz.de/10013040491
In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in … allows allocating investments by asset type to each industry, using an investment flow matrix. The database enables … investments. We describe the structure and methodology of the database and illustrate its variety and strengths by looking at some …
Persistent link: https://www.econbiz.de/10013084902
Rising energy prices might lead to adjustments along the supply chain and make firms outsource energy-intensive processes. This could lead to carbon leakage. I provide empirical evidence whether energy price-induced offshoring occurs using firm-level data on energy use, imports, and material...
Persistent link: https://www.econbiz.de/10014472798
Between 1950 and 2017, world average life expectancy increased from below-50 to above-70, while the fertility rate …
Persistent link: https://www.econbiz.de/10012947882
In the framework of the Paris Agreement implementation, financial transfers remain a major point of negotiation for addressing equity concerns raised by the ambitious climate objectives. In complement to the theoretical, experimental and numerical studies that have examined the role of transfers...
Persistent link: https://www.econbiz.de/10012431927
This paper assesses the role of the public sector in adaptation to climate change. We first offer a definition and categorisation of climate change adaptation. We then consider the primary economic principles that can guide the assignment of adaptation tasks to either the private or the public...
Persistent link: https://www.econbiz.de/10013099237
specification and estimation strategies …
Persistent link: https://www.econbiz.de/10013122257
We examine whether a disclosure mandate for greenhouse gas emissions creates stakeholder pressure for firms to subsequently reduce their emissions. For UK-incorporated listed firms such a mandate was adopted in 2013. Using a difference-in-differences design, we find that firms affected by the...
Persistent link: https://www.econbiz.de/10012267140