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A growing literature estimates the macroeconomic effect of weather using variations in annual country-level averages of … frequency or higher spatial resolution. To address this issue, we rely on global daily weather measurements with a 30-km spatial … resolution from 1979 to 2019 and construct 164 weather variables and their lags. We select a parsimonious subset of relevant …
Persistent link: https://www.econbiz.de/10014079013
research agenda, as the identification of exogenous weather shocks is still an open issue. Using daily county-level data since …
Persistent link: https://www.econbiz.de/10014080858
Excessive heat and cold weather waves may affect economic activity through energy markets. Yet, if a clear distinction …
Persistent link: https://www.econbiz.de/10014084410
Global temperatures have increased at an unprecedented pace in the past 40 years. This paper finds that increases in temperature have uneven macroeconomic effects, with adverse consequences concentrated in countries with hot climates, such as most low-income countries. In these countries, a rise...
Persistent link: https://www.econbiz.de/10012913921
major Medicare reform created a derived demand shock to equipment manufacturers. Using a difference … conceptualizing firms’ pre-shock vertical scope as a representation of existing resources and governance choices, we explain that …
Persistent link: https://www.econbiz.de/10013491822
The question of how climate change and weather fluctuations affect the economy is high on the economic research agenda …
Persistent link: https://www.econbiz.de/10014354391
In this paper, we investigate the impact of adverse weather shocks on Colombian economic activity, with a particular … that adverse weather shocks, such as those related to the El Niño event in 2015-2016, lead to decreases in agricultural … by weather shocks, allowing us to incorporate this empirical evidence into a structural model for Colombia. …
Persistent link: https://www.econbiz.de/10014368424
Persistent link: https://www.econbiz.de/10015178463
This paper investigates the impact of a devastating weather shock on child anthropometrics, using data from Mongolia … channels to cushion the impact of the weather shock. In households where the head has more experience in herding, children … lived in districts in which the shock was particularly harsh are significantly shorter two years after the shock. The …
Persistent link: https://www.econbiz.de/10010483868
Persistent link: https://www.econbiz.de/10011481812