Temperature Shocks and Economic Growth: Evidence from the Last Half Century
نویسندگان
چکیده
منابع مشابه
Temperature Shocks and Economic Growth: Evidence from the Last Half Century
This paper uses historical fluctuations in temperature within countries to identify its effects on aggregate economic outcomes. We find three primary results. First, higher temperatures substantially reduce economic growth in poor countries. Second, higher temperatures appear to reduce growth rates, not just the level of output. Third, higher temperatures have wide-ranging effects, reducing agr...
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ژورنال
عنوان ژورنال: American Economic Journal: Macroeconomics
سال: 2012
ISSN: 1945-7707,1945-7715
DOI: 10.1257/mac.4.3.66