Will We Adapt? Temperature, Labor and Adaptation to Climate Change
نویسندگان
چکیده
We explore heat-related labor impacts both for their own interest and to understand the role of adaptation in responding to climate change. Focusing on non-agricultural sectors in the United States, we find that hot temperatures exert a causal negative impact on county-level payroll – reducing payroll by several percentage points in a 2◦C hotter year – with larger impacts in highly exposed industries such as construction and manufacturing. We assess differences in implied adaptation investments across regions with varying incentives for long-run adaptation, and find evidence consistent with hotter climates being better adapted to heat. JEL Codes: D6, N5, Q59, O13, Q1, Q54
منابع مشابه
Will We Adapt ? Temperature Shocks , Labor Productivity , and Adaptation to Climate Change in the United States ( 1986 - 2012 ) The Harvard Project on Climate Agreements
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