Temperature and Growth: A Panel Analysis of the United States
研究发现季节性温度对美国经济有显著影响,夏季温度每升高1华氏度,州级产出年增长率下降0.15至0.25个百分点,未来升温可能使美国经济增长减少三分之一。
Abstract 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 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.