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01428nam a2200241Ia 4500 |
| 001 |
10.1111-jmcb.12574 |
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220511s2019 CNT 000 0 und d |
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|a 00222879 (ISSN)
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| 245 |
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|a Temperature and Growth: A Panel Analysis of the United States
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| 260 |
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|b Blackwell Publishing Inc.
|c 2019
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| 856 |
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|z View Fulltext in Publisher
|u https://doi.org/10.1111/jmcb.12574
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|a We document 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: a 1 o F increase 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. We combine our estimates with projected increases in seasonal temperatures and find that rising temperatures could reduce U.S. economic growth by up to one-third over the next century. © 2018 Inter-American Development Bank. Journal of Money, Credit and Banking published by Wiley Periodicals, Inc. on behalf of Ohio State University
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|a economic growth
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|a global warming
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|a O44
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|a Q51
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|a Q59
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| 650 |
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|a R11
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|a United States
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|a Colacito, R.
|e author
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|a Hoffmann, B.
|e author
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|a Phan, T.
|e author
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| 773 |
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|t Journal of Money, Credit and Banking
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