| 来源类型 | Working Paper
|
| 规范类型 | 报告
|
| DOI | 10.3386/w19725
|
| 来源ID | Working Paper 19725
|
| Feeling the Heat: Temperature, Physiology & the Wealth of Nations |
| Geoffrey Heal; Jisung Park
|
| 发表日期 | 2013-12-12
|
| 出版年 | 2013
|
| 语种 | 英语
|
| 摘要 | Does temperature affect economic performance? Has temperature always affected social welfare through its impact on physical and cognitive function? While many economic studies have explored the indirect links between climate and welfare (e.g. agriculture, conflict, sea-level rise), few address the possibility of direct impacts operating through physiology, despite a deep medical literature documenting the temperature sensitivity of human task performance. This paper attempts a synthesis of these literatures by (1) presenting a microeconomic model of labor supply under thermal stress, and (2) using country-level panel data on temperature and income (1950-2005) to illustrate the potential magnitude of temperature- driven productivity impacts. Using a fixed effects estimation strategy, we find significant temperature sensitivity of per capita income that varies, crucially, with a country's position relative to an optimal temperature zone. Hotter-than- average years are associated with lower output per capita for countries in hot climates and higher output per capita for countries in cold ones: approximately 3%-4% per degree C in both directions. Air-conditioning mediates the adverse impact of hotter years, consistent with the physiological explanation. This more direct causal link between climate and social welfare has important implications for both the economics of climate change and comparative development. |
| 主题 | Labor Economics
; Environmental and Resource Economics
; Environment
|
| URL | https://www.nber.org/papers/w19725
|
| 来源智库 | National Bureau of Economic Research (United States)
|
| 引用统计 |
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577399
|
推荐引用方式
GB/T 7714 |
Geoffrey Heal,Jisung Park. Feeling the Heat: Temperature, Physiology & the Wealth of Nations. 2013.
|
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
