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Temperature and Growth: A Panel Analysis of the United States
| Content Provider | Scilit |
|---|---|
| Author | Hoffmann, Bridget |
| Copyright Year | 2016 |
| Description | Journal: SSRN Electronic Journal This paper documents that seasonal temperatures have significant and systematic effects on the U.S. economy, both at the aggregate level and across a wide cross-section of economic sectors. This effect is particularly strong for the summer: an increase of 1oF in the average summer temperature is associated with a reduction in the annual growth rate of state-level output of 0:15 to 0:25 percentage points. When these estimates are combined with projected increases in seasonal temperatures it is found that a reduction of U.S. economic growth by up to one third could occur over the next century. |
| Related Links | https://www.econstor.eu/bitstream/10419/146465/1/IDB-WP-676.pdf https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=2956687 |
| ISSN | 10914358 |
| e-ISSN | 15565068 |
| DOI | 10.2139/ssrn.2956687 |
| Journal | SSRN Electronic Journal |
| Language | English |
| Publisher | Elsevier BV |
| Publisher Date | 2016-05-01 |
| Access Restriction | Open |
| Subject Keyword | Journal: SSRN Electronic Journal History and Philosophy of Science Seasonal Temperatures |
| Content Type | Text |
| Resource Type | Article |
| Subject | Public Health, Environmental and Occupational Health Psychiatry and Mental Health |
