| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16194 |
| DP16194 Estimating the Consequences of Climate Change from Variation in Weather | |
| Derek Lemoine | |
| 发表日期 | 2021-05-26 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | I formally relate the consequences of climate change to the panel variation in weather extensively explored by recent empirical literature. I show that short-run responses to weather shocks differ from long-run responses to climate change when payoffs depend on a capital or resource stock. I develop a new indirect least squares estimator that bounds long-run climate impacts from short-run responses to weather. Applying this new method, I find that an additional 2 degrees Celsius of global warming would eliminate profits from the average acre of current farmland in the eastern U.S. |
| 主题 | Research policy networks ; Climate Change |
| 关键词 | climate weather adaptation forecasts agriculture indirect least squares |
| URL | https://cepr.org/publications/dp16194 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545165 |
| 推荐引用方式 GB/T 7714 | Derek Lemoine. DP16194 Estimating the Consequences of Climate Change from Variation in Weather. 2021. |
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