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Temperature and Economic Growth: Comment on Kiley

Author

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  • David Barker

Abstract

Recent research by Federal Reserve economists has attempted to show that high temperatures decrease the rate of economic growth. I replicate the results of one such attempt, Michael Kiley (2021), and explain why Kiley’s results are flawed.

Suggested Citation

  • David Barker, 2023. "Temperature and Economic Growth: Comment on Kiley," Econ Journal Watch, Econ Journal Watch, vol. 20(1), pages 1-69–84, March.
  • Handle: RePEc:ejw:journl:v:20:y:2023:i:1:p:69-84
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    More about this item

    Keywords

    Climate change; global warming; economic growth;
    All these keywords.

    JEL classification:

    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q59 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Other
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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