What Do We Learn from the Weather? The New Climate-Economy Literature:
A rapidly growing body of research applies panel methods to examine how temperature, precipitation, and windstorms influence economic outcomes. These studies focus on changes in weather realizations over time within a given spatial area and demonstrate impacts on agricultural output, industrial outp...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass
National Bureau of Economic Research
2013
|
| Schriftenreihe: | NBER working paper series
no. w19578 |
| Online-Zugang: | kostenfrei kostenfrei |
| Zusammenfassung: | A rapidly growing body of research applies panel methods to examine how temperature, precipitation, and windstorms influence economic outcomes. These studies focus on changes in weather realizations over time within a given spatial area and demonstrate impacts on agricultural output, industrial output, labor productivity, energy demand, health, conflict, and economic growth among other outcomes. By harnessing exogenous variation over time within a given spatial unit, these studies help credibly identify (i) the breadth of channels linking weather and the economy, (ii) heterogeneous treatment effects across different types of locations, and (iii) non-linear effects of weather variables. This paper reviews the new literature with two purposes. First, we summarize recent work, providing a guide to its methodologies, data sets, and findings. Second, we consider applications of the new literature, including insights for the "damage function" within models that seek to assess the potential economic effects of future climate change |
| Beschreibung: | 1 Online Ressource |
| DOI: | 10.3386/w19578 |
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| spelling | Dell, Melissa Verfasser aut What Do We Learn from the Weather? The New Climate-Economy Literature Melissa Dell, Benjamin F. Jones, Benjamin A. Olken Cambridge, Mass National Bureau of Economic Research 2013 1 Online Ressource txt rdacontent c rdamedia cr rdacarrier NBER working paper series no. w19578 A rapidly growing body of research applies panel methods to examine how temperature, precipitation, and windstorms influence economic outcomes. These studies focus on changes in weather realizations over time within a given spatial area and demonstrate impacts on agricultural output, industrial output, labor productivity, energy demand, health, conflict, and economic growth among other outcomes. By harnessing exogenous variation over time within a given spatial unit, these studies help credibly identify (i) the breadth of channels linking weather and the economy, (ii) heterogeneous treatment effects across different types of locations, and (iii) non-linear effects of weather variables. This paper reviews the new literature with two purposes. First, we summarize recent work, providing a guide to its methodologies, data sets, and findings. Second, we consider applications of the new literature, including insights for the "damage function" within models that seek to assess the potential economic effects of future climate change Jones, Benjamin F. Sonstige oth Olken, Benjamin A. Sonstige (DE-588)130108731 oth http://www.nber.org/papers/w19578 Verlag kostenfrei https://doi.org/10.3386/w19578 Resolving-System kostenfrei |
| spellingShingle | Dell, Melissa What Do We Learn from the Weather? The New Climate-Economy Literature |
| title | What Do We Learn from the Weather? The New Climate-Economy Literature |
| title_auth | What Do We Learn from the Weather? The New Climate-Economy Literature |
| title_exact_search | What Do We Learn from the Weather? The New Climate-Economy Literature |
| title_exact_search_txtP | What Do We Learn from the Weather? The New Climate-Economy Literature |
| title_full | What Do We Learn from the Weather? The New Climate-Economy Literature Melissa Dell, Benjamin F. Jones, Benjamin A. Olken |
| title_fullStr | What Do We Learn from the Weather? The New Climate-Economy Literature Melissa Dell, Benjamin F. Jones, Benjamin A. Olken |
| title_full_unstemmed | What Do We Learn from the Weather? The New Climate-Economy Literature Melissa Dell, Benjamin F. Jones, Benjamin A. Olken |
| title_short | What Do We Learn from the Weather? The New Climate-Economy Literature |
| title_sort | what do we learn from the weather the new climate economy literature |
| url | http://www.nber.org/papers/w19578 https://doi.org/10.3386/w19578 |
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