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Extreme Weather Sensitivity of German Companies – Results of a Business Survey

Author

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  • Michael Berlemann
  • Robert Lehmann

Abstract

As global warming progresses, some extreme weather events are occurring more frequently or at a higher intensity. For Germany, too, such trends are already discernible. Against this background, the question arises whether and how extreme weather events influence the value added of companies. The results of a survey of German companies show that a considerable number of the companies are negatively influenced by extreme weather events.

Suggested Citation

  • Michael Berlemann & Robert Lehmann, 2020. "Extreme Weather Sensitivity of German Companies – Results of a Business Survey," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(08), pages 45-55, August.
    • Handle: RePEc:ces:ifosdt:v:73:y:2020:i:08:p:45-55
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    References listed on IDEAS

    as
    1. Heike Auerswald & Gerit Vogt, 2010. "Zur Klimasensibilität der Wirtschaft in der Region Dresden," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 17(03), pages .15-23, June.
    2. Stefan Sauer & Klaus Wohlrabe, 2020. "ifo Handbuch der Konjunkturumfragen," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 88.
    3. Heike Auerswald & Robert Lehmann, 2011. "Auswirkungen des Klimawandels auf das Verarbeitende Gewerbe – Ergebnisse einer Unternehmensbefragung," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 18(02), pages 16-22, April.
    4. Mahammadzadeh, Mahammad & Biebeler, Hendrik, 2009. "Anpassung an den Klimawandel," IW-Analysen, Institut der deutschen Wirtschaft (IW) / German Economic Institute, volume 57, number 57.
    5. Michael Berlemann & Max Friedrich Steinhardt, 2017. "Climate Change, Natural Disasters, and Migration—a Survey of the Empirical Evidence," CESifo Economic Studies, CESifo, vol. 63(4), pages 353-385.
    6. Frei, Xenia & Kowalewski, Julia, 2013. "Sektorale und regionale Betroffenheit durch den Klimawandel am Beispiel der Metropolregion Hamburg," HWWI Research Papers 139, Hamburg Institute of International Economics (HWWI).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Betriebliche Wertschöpfung; Unternehmen; Wetter; Deutschland;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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