This paper explores the implications of climate change for government expenditures. Using a rich sub-national dataset for Russia covering 1995–2009, we estimate the impacts of changes in climatic conditions through short-term variation and medium-term changes in average regional temperatures...

Globalization and climate change have been among the hottest academic topics during the past couple of decades. However, in academic research the links between the two is virtually untouched. In this paper, we study the impacts of climatic factors on foreign manufacturing companies in Russia. In...