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Climate, Happiness and the Kyoto Protocol: Someone Does not Like it Hot

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Author Info
BECCHETTI LEONARDO
CASTRIOTA STEFANO
LONDOÑO BEDOYA DAVID ANDRÉS

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Abstract

The effects of climate on well-being have been investigated by focusing on the impact of climate on real estate prices, rents and wages, migrations and, recently, human happiness. We follow this last direction by merging individual data on happiness from the World Value Survey (third and fourth waves) with climate conditions of the WVS respondents’ cities from the NOAA (National Oceanic & Atmospheric Administration of the US Department of Commerce) database. More specifically, we use more than 118,000 observations to test the impact of climate on happiness and estimate the effects on it of climate related gains/losses arising when individuals move from one city to another (e.g. from Rome to London). Our research documents the existence of significant links between several climatic factors (rain, fog, temperature, wind) and happiness.

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Paper provided by Tor Vergata University, CEIS in its series Departmental Working Papers with number 247.

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Date of creation: Jan 2007
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Handle: RePEc:rtv:ceiswp:247

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