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Beyond threats: Extreme heatwaves and economic resilience in China

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  • Wang, Xinya
  • Guo, Huixiao
  • Li, Youwei
  • Huang, Shupei

Abstract

This study demonstrates extreme heatwaves have a positive impact on economic resilience in China at the provincial level, utilizing high spatial resolution temperature data. This effect may be attributed to heightened climate policy uncertainty and shifts in public climate perception. Furthermore, our findings reveal that these effects are particularly pronounced in the eastern regions of China and in provinces with large economic scales but relatively small agriculture output values.

Suggested Citation

  • Wang, Xinya & Guo, Huixiao & Li, Youwei & Huang, Shupei, 2025. "Beyond threats: Extreme heatwaves and economic resilience in China," Finance Research Letters, Elsevier, vol. 71(C).
    • Handle: RePEc:eee:finlet:v:71:y:2025:i:c:s1544612324014569
    DOI: 10.1016/j.frl.2024.106427
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    References listed on IDEAS

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    Cited by:

    1. Huang, Shupei & Wang, Xinya & Xue, Yi & Zhang, Xinzhi, 2025. "CEOS’ climate risk perception bias and corporate debt structure," Journal of International Money and Finance, Elsevier, vol. 151(C).

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