Weather, climate and economic outcomes: Evidence from Italy
نویسندگان
چکیده
The economic analysis of climate change requires estimates at both aggregate and local level. Although there are numerous studies that estimate the global impact change, country-level still rare, particularly as far Italy is concerned. By exploiting a panel 110 provinces observed between 1980 2014, this paper investigates variation weather variables on GDP per capita agricultural productivity in Italy. To address issues model uncertainty, explores to what extent these outcomes affected by variables, linearly or non-linearly, well how their growth rate levels result. Main findings show considerable uncertainty. most robust econometric results showing statistically significant effects temperature for reaction function from specification, where included non-linear form while enter first differences. Projections end century slight average per-capita, but important losses agriculture, due persistent increase temperatures under RCPs 4.5 8.5. • We study agriculture exploit rich dataset across territorial units over 1980–2014 period problems we compare several different specifications “best” performing specification estimated differences End predictions, suggest nil GDP, loss agriculture.
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ژورنال
عنوان ژورنال: Ecological Economics
سال: 2021
ISSN: ['0921-8009', '1873-6106']
DOI: https://doi.org/10.1016/j.ecolecon.2021.107156