The Economic Impact of Low- and High-Frequency Temperature Changes
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Kuttner, Kenneth N, 1994. "Estimating Potential Output as a Latent Variable," Journal of Business & Economic Statistics, American Statistical Association, vol. 12(3), pages 361-368, July.
- Beveridge, Stephen & Nelson, Charles R., 1981. "A new approach to decomposition of economic time series into permanent and transitory components with particular attention to measurement of the `business cycle'," Journal of Monetary Economics, Elsevier, vol. 7(2), pages 151-174.
- Berg, Kimberly A. & Curtis, Chadwick C. & Mark, Nelson C., 2024.
"GDP and temperature: Evidence on cross-country response heterogeneity,"
European Economic Review, Elsevier, vol. 169(C).
- Kimberly A. Berg & Chadwick C. Curtis & Nelson Mark, 2023. "GDP and Temperature: Evidence on Cross-Country Response Heterogeneity," NBER Working Papers 31327, National Bureau of Economic Research, Inc.
- Kahn, Matthew E. & Mohaddes, Kamiar & Ng, Ryan N.C. & Pesaran, M. Hashem & Raissi, Mehdi & Yang, Jui-Chung, 2021.
"Long-term macroeconomic effects of climate change: A cross-country analysis,"
Energy Economics, Elsevier, vol. 104(C).
- Matthew E. Kahn & Mr. Kamiar Mohaddes & Ryan N. C. Ng & M. Hashem Pesaran & Mr. Mehdi Raissi & Jui-Chung Yang, 2019. "Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis," IMF Working Papers 2019/215, International Monetary Fund.
- Matthew E. Kahn & Kamiar Mohaddes & Ryan N. C. Ng & M. Hashem Pesaran & Mehdi Raissi & Jui-Chung Yang, 2019. "Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis," CAMA Working Papers 2019-49, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Matthew E. Kahn & Kamiar Mohaddes & Ryan N. C. Ng & M. Hashem Pesaran & Mehdi Raissi & Jui-Chung Yang, 2019. "Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis," CESifo Working Paper Series 7738, CESifo.
- Bryan Engelhardt & Matthew E. Kahn & Kamiar Mohaddes & M. Hashem Pesaran & Mehdi Raissi & Jui-Chung Yang, 2019. "Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis," Globalization Institute Working Papers 365, Federal Reserve Bank of Dallas.
- Matthew E. Kahn & Kamiar Mohaddes & Ryan N.C. Ng & M. Hashem Pesaran & Mehdi Raissi & Jui-Chung Yang, 2019. "Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis," NBER Working Papers 26167, National Bureau of Economic Research, Inc.
- Kahn, M. E. & Mohaddes, K. & Ng, R. N. C. & Pesaran, M. H. & Raissi, M. & Yang, J-C., 2019. "Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis," Cambridge Working Papers in Economics 1965, Faculty of Economics, University of Cambridge.
- Matthew E Khan & Kamiar Mohaddes & Ryan N.C. Ng & Hashem Pesaran & Mehdi Raisse, 2019. "Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis," Working Papers EPRG1925, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Peter C. B. Phillips & Hyungsik R. Moon, 1999.
"Linear Regression Limit Theory for Nonstationary Panel Data,"
Econometrica, Econometric Society, vol. 67(5), pages 1057-1112, September.
- Peter C.B. Phillips & Hyungsik R. Moon, 1999. "Linear Regression Limit Theory for Nonstationary Panel Data," Cowles Foundation Discussion Papers 1222, Cowles Foundation for Research in Economics, Yale University.
- Jeremy Majerovitz & Karthik Sastry, 2023. "How Much Should We Trust Regional-Exposure Designs?," Working Papers 2023-018, Federal Reserve Bank of St. Louis.
- Tol, Richard S.J., 2024.
"A meta-analysis of the total economic impact of climate change,"
Energy Policy, Elsevier, vol. 185(C).
- Richard S.J. Tol, 2022. "A meta-analysis of the total economic impact of climate change," Tinbergen Institute Discussion Papers 22-056/VIII, Tinbergen Institute.
- Richard S.J. Tol & Richard S. J. Tol, 2022. "A Meta-Analysis of the Total Economic Impact of Climate Change," CESifo Working Paper Series 9919, CESifo.
- Richard S.J. Tol, 2022. "A meta-analysis of the total economic impact of climate change," Working Paper Series 0422, Department of Economics, University of Sussex Business School.
- Richard S. J. Tol, 2022. "A meta-analysis of the total economic impact of climate change," Papers 2207.12199, arXiv.org, revised Aug 2022.
- A. Colin Cameron & Jonah B. Gelbach & Douglas L. Miller, 2011.
"Robust Inference With Multiway Clustering,"
Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 29(2), pages 238-249, April.
- Cameron, A. Colin & Gelbach, Jonah B. & Miller, Douglas L., 2011. "Robust Inference With Multiway Clustering," Journal of Business & Economic Statistics, American Statistical Association, vol. 29(2), pages 238-249.
- A. Colin Cameron & Jonah B. Gelbach & Douglas L. Miller, 2006. "Robust Inference with Multi-way Clustering," NBER Technical Working Papers 0327, National Bureau of Economic Research, Inc.
- Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2014.
"What Do We Learn from the Weather? The New Climate-Economy Literature,"
Journal of Economic Literature, American Economic Association, vol. 52(3), pages 740-798, September.
- Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2013. "What Do We Learn from the Weather? The New Climate-Economy Literature," NBER Working Papers 19578, National Bureau of Economic Research, Inc.
- Ulrich K. Müller & Mark W. Watson, 2008.
"Testing Models of Low-Frequency Variability,"
Econometrica, Econometric Society, vol. 76(5), pages 979-1016, September.
- Ulrich Mueller & Mark W. Watson, 2006. "Testing Models of Low-Frequency Variability," NBER Working Papers 12671, National Bureau of Economic Research, Inc.
- Bento, Antonio M. & Miller, Noah & Mookerjee, Mehreen & Severnini, Edson, 2023.
"A unifying approach to measuring climate change impacts and adaptation,"
Journal of Environmental Economics and Management, Elsevier, vol. 121(C).
- Bento, Antonio M. & Miller, Noah & Mookerjee, Mehreen & Severnini, Edson, 2020. "A Unifying Approach to Measuring Climate Change Impacts and Adaptation," IZA Discussion Papers 13290, Institute of Labor Economics (IZA).
- Antonio Bento & Noah S. Miller & Mehreen Mookerjee & Edson R. Severnini, 2020. "A Unifying Approach to Measuring Climate Change Impacts and Adaptation," NBER Working Papers 27247, National Bureau of Economic Research, Inc.
- James D. Hamilton, 2018. "Why You Should Never Use the Hodrick-Prescott Filter," The Review of Economics and Statistics, MIT Press, vol. 100(5), pages 831-843, December.
- Andrew T. Foerster & Andreas Hornstein & Pierre-Daniel G. Sarte & Mark W. Watson, 2022.
"Aggregate Implications of Changing Sectoral Trends,"
Journal of Political Economy, University of Chicago Press, vol. 130(12), pages 3286-3333.
- Andrew Foerster & Andreas Hornstein & Mark Watson & Pierre-Daniel Sarte, 2019. "Sectoral and Aggregate Structural Change," 2019 Meeting Papers 532, Society for Economic Dynamics.
- Andrew T. Foerster & Andreas Hornstein & Pierre-Daniel G. Sarte & Mark W. Watson, 2021. "Aggregate Implications of Changing Sectoral Trends," Working Papers 2021-54, Princeton University. Economics Department..
- Andrew Foerster & Andreas Hornstein & Pierre-Daniel G. Sarte & Mark W. Watson, 2019. "Aggregate Implications of Changing Sectoral Trends," Working Paper 19-11, Federal Reserve Bank of Richmond.
- Andrew T. Foerster & Andreas Hornstein & Pierre-Daniel G. Sarte & Mark W. Watson, 2022. "Aggregate Implications of Changing Sectoral Trends," Working Paper Series 2019-16, Federal Reserve Bank of San Francisco.
- Andrew Foerster & Andreas Hornstein & Pierre-Daniel Sarte & Mark W. Watson, 2019. "Aggregate Implications of Changing Sectoral Trends," NBER Working Papers 25867, National Bureau of Economic Research, Inc.
- Hodrick, Robert J & Prescott, Edward C, 1997.
"Postwar U.S. Business Cycles: An Empirical Investigation,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 29(1), pages 1-16, February.
- Robert J. Hodrick & Edward Prescott, 1981. "Post-War U.S. Business Cycles: An Empirical Investigation," Discussion Papers 451, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Sylvia Klosin, 2024. "Dynamic Biases of Static Panel Data Estimators," Papers 2410.16112, arXiv.org.
- Adrien Bilal & Diego R. Känzig, 2024.
"The Macroeconomic Impact of Climate Change: Global vs. Local Temperature,"
NBER Working Papers
32450, National Bureau of Economic Research, Inc.
- Bilal, Adrien & Känzig, Diego, 2024. "The Macroeconomic Impact of Climate Change: Global vs. Local Temperature," CEPR Discussion Papers 19203, C.E.P.R. Discussion Papers.
- Kalkuhl, Matthias & Wenz, Leonie, 2020.
"The impact of climate conditions on economic production. Evidence from a global panel of regions,"
Journal of Environmental Economics and Management, Elsevier, vol. 103(C).
- Kalkuhl, Matthias & Wenz, Leonie, 2018. "The Impact of Climate Conditions on Economic Production. Evidence from a Global Panel of Regions," EconStor Preprints 178288, ZBW - Leibniz Information Centre for Economics.
- Ulrich K. Müller & Mark W. Watson, 2016.
"Measuring Uncertainty about Long-Run Predictions,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 83(4), pages 1711-1740.
- Ulrich Mueller & Mark W. Watson, 2013. "Measuring Uncertainty about Long-Run Prediction," NBER Working Papers 18870, National Bureau of Economic Research, Inc.
- Robert Kaufmann & Heikki Kauppi & Michael Mann & James Stock, 2013. "Does temperature contain a stochastic trend: linking statistical results to physical mechanisms," Climatic Change, Springer, vol. 118(3), pages 729-743, June.
- Solomon Hsiang & Marshall Burke, 2014. "Climate, conflict, and social stability: what does the evidence say?," Climatic Change, Springer, vol. 123(1), pages 39-55, March.
- Jushan Bai, 2009. "Panel Data Models With Interactive Fixed Effects," Econometrica, Econometric Society, vol. 77(4), pages 1229-1279, July.
- Ishan B. Nath & Valerie A. Ramey & Peter J. Klenow, 2024. "How Much Will Global Warming Cool Global Growth?," NBER Working Papers 32761, National Bureau of Economic Research, Inc.
- Terence C. Mills, 2007. "Time series modelling of two millennia of northern hemisphere temperatures: long memory or shifting trends?," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 170(1), pages 83-94, January.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Desbordes, Rodolphe & Eberhardt, Markus, 2024.
"Climate change and economic prosperity: Evidence from a flexible damage function,"
Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
- Rodolphe Desbordes & Markus Eberhardt, 2022. "Climate change and economic prosperity: Evidence from a flexible damage function," Discussion Papers 2022-06, University of Nottingham, GEP.
- Rodolphe Desbordes & Markus Eberhardt, 2024. "Climate change and economic prosperity: Evidence from a flexible damage function," Discussion Papers 2024-01, University of Nottingham, GEP.
- Francesco Jacopo Pintus & Jan P.A.M. Jacobs & Elmer Sterken & Jan Jacobs, 2024.
"Fiscal Impacts of Climate Anomalies,"
CESifo Working Paper Series
11548, CESifo.
- Francesco Jacopo Pintus & Jan P.A.M. Jacobs & Elmer Sterken, 2024. "Fiscal Impacts of Climate Anomalies," CAMA Working Papers 2024-74, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Meierrieks, Daniel & Stadelmann, David, 2024.
"Is temperature adversely related to economic development? Evidence on the short-run and the long-run links from sub-national data,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 136, pages 1-18.
- Meierrieks, Daniel & Stadelmann, David, 2024. "Is temperature adversely related to economic development? Evidence on the short-run and the long-run links from sub-national data," Energy Economics, Elsevier, vol. 136(C).
- Florian Eckert & Samad Sarferaz, 2019. "Agnostic Output Gap Estimation and Decomposition in Large Cross-Sections," KOF Working papers 19-467, KOF Swiss Economic Institute, ETH Zurich.
- Holtermann, Linus & Rische, Marie-Christin, 2020. "The Subnational Effect of Temperature on Economic Production: A Disaggregated Analysis in European Regions," MPRA Paper 104606, University Library of Munich, Germany.
- Zheng, Shuang & Liu, Xiaohui & Gu, Yue, 2024. "Climate policy and China's external balances," Emerging Markets Review, Elsevier, vol. 63(C).
- Chalmovianský, Jakub & Němec, Daniel, 2022. "Assessing uncertainty of output gap estimates: Evidence from Visegrad countries," Economic Modelling, Elsevier, vol. 116(C).
- Hall, Viv B & Thomson, Peter, 2022. "A boosted HP filter for business cycle analysis: evidence from New Zealand’s small open economy," Working Paper Series 9473, Victoria University of Wellington, School of Economics and Finance.
- Morana, Claudio, 2024.
"A new macro-financial condition index for the euro area,"
Econometrics and Statistics, Elsevier, vol. 29(C), pages 64-87.
- Claudio Morana, 2021. "A new macro-financial condition index for the euro area," Working Papers 467, University of Milano-Bicocca, Department of Economics, revised Sep 2021.
- Claudio Morana, 2021. "A new macro-financial condition index for the euro area," Working Paper series 21-07, Rimini Centre for Economic Analysis, revised Sep 2021.
- Lorenzo Burlon & Paolo D'Imperio, 2019. "The euro-area output gap through the lens of a DSGE model," Questioni di Economia e Finanza (Occasional Papers) 477, Bank of Italy, Economic Research and International Relations Area.
- Duarte, Cláudia & Maria, José R. & Sazedj, Sharmin, 2020.
"Trends and cycles under changing economic conditions,"
Economic Modelling, Elsevier, vol. 92(C), pages 126-146.
- Cláudia Duarte & José R. Maria & Sharmin Sazedj, 2019. "Trends and cycles under changing economic conditions," Working Papers w201918, Banco de Portugal, Economics and Research Department.
- Jiao, Xiyu & Pretis, Felix & Schwarz, Moritz, 2024. "Testing for coefficient distortion due to outliers with an application to the economic impacts of climate change," Journal of Econometrics, Elsevier, vol. 239(1).
- Guowei Cui & Milda NorkutÄ— & Vasilis Sarafidis & Takashi Yamagata, 2022.
"Two-stage instrumental variable estimation of linear panel data models with interactive effects [Eigenvalue ratio test for the number of factors],"
The Econometrics Journal, Royal Economic Society, vol. 25(2), pages 340-361.
- Guowei Cui & Milda Norkuté & Vasilis Sarafidis & Takashi Yamagata, 2020. "Two-Stage Instrumental Variable Estimation of Linear Panel Data Models with Interactive Effects," ISER Discussion Paper 1101, Institute of Social and Economic Research, The University of Osaka.
- Milda Norkute & Guowei Cui & Vasilis Sarafidis & Takashi Yamagata, 2021. "Two-Stage Instrumental Variable Estimation of Linear Panel Data Models with Interactive Effects," Bank of Lithuania Working Paper Series 90, Bank of Lithuania.
- Cui, Guowei & Norkute, Milda & Sarafidis, Vasilis & Yamagata, Takashi, 2020. "Two-Stage Instrumental Variable Estimation of Linear Panel Data Models with Interactive Effects," MPRA Paper 102827, University Library of Munich, Germany.
- Tol, Richard S.J., 2024.
"A meta-analysis of the total economic impact of climate change,"
Energy Policy, Elsevier, vol. 185(C).
- Richard S.J. Tol, 2022. "A meta-analysis of the total economic impact of climate change," Tinbergen Institute Discussion Papers 22-056/VIII, Tinbergen Institute.
- Richard S.J. Tol, 2022. "A meta-analysis of the total economic impact of climate change," Working Paper Series 0422, Department of Economics, University of Sussex Business School.
- Richard S.J. Tol & Richard S. J. Tol, 2022. "A Meta-Analysis of the Total Economic Impact of Climate Change," CESifo Working Paper Series 9919, CESifo.
- Richard S. J. Tol, 2022. "A meta-analysis of the total economic impact of climate change," Papers 2207.12199, arXiv.org, revised Aug 2022.
- Weidner, Martin & Zylkin, Thomas, 2021.
"Bias and consistency in three-way gravity models,"
Journal of International Economics, Elsevier, vol. 132(C).
- Martin Weidner & Thomas Zylkin, 2019. "Bias and Consistency in Three-way Gravity Models," Papers 1909.01327, arXiv.org, revised Jun 2021.
- Martin Weidner & Thomas Zylkin, 2021. "Bias and consistency in three-way gravity models," CeMMAP working papers CWP11/21, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Martin Weidner & Thomas Zylkin, 2020. "Bias and Consistency in Three-way Gravity Models," CeMMAP working papers CWP1/20, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Cevik Serhan & Jalles Joao, 2024.
"Eye of the Storm: The Impact of Climate Shocks on Inflation and Growth,"
Review of Economics, De Gruyter, vol. 75(2), pages 109-138.
- Mr. Serhan Cevik & João Tovar Jalles, 2023. "Eye of the Storm: The Impact of Climate Shocks on Inflation and Growth," IMF Working Papers 2023/087, International Monetary Fund.
- Orphanides, Athanasios & van Norden, Simon, 2005.
"The Reliability of Inflation Forecasts Based on Output Gap Estimates in Real Time,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 37(3), pages 583-601, June.
- Athanasios Orphanides & Simon van Norden, 2003. "The Reliability of Inflation Forecasts Based on Output Gap Estimates in Real Time," CIRANO Working Papers 2003s-01, CIRANO.
- Orphanides, Athanasios & van Norden, Simon, 2005. "The Reliability of Inflation Forecasts Based on Output Gap Estimates in Real Time," CEPR Discussion Papers 4830, C.E.P.R. Discussion Papers.
- Athanasios Orphanides & Simon van Norden, 2004. "The reliability of inflation forecasts based on output gap estimates in real time," Finance and Economics Discussion Series 2004-68, Board of Governors of the Federal Reserve System (U.S.).
- Picchio, Matteo & van Ours, Jan C., 2024.
"The impact of high temperatures on performance in work-related activities,"
Labour Economics, Elsevier, vol. 87(C).
- Picchio, Matteo & van Ours, Jan C., 2023. "The impact of high temperatures on performance in work-related activities," CEPR Discussion Papers 18451, C.E.P.R. Discussion Papers.
- Matteo Picchio & Jan C. Van Ours, 2023. "The Impact Of High Temperatures On Performance In Work-Related Activities," Working Papers 484, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Picchio, Matteo & Ours, Jan C. van, 2023. "The impact of high temperatures on performance in work-related activities," GLO Discussion Paper Series 1353, Global Labor Organization (GLO).
- Matteo Picchio & Jan van Ours, 2023. "The impact of high temperatures on performance in work-related activities," Tinbergen Institute Discussion Papers 23-052/V, Tinbergen Institute.
- Picchio, Matteo & van Ours, Jan C., 2023. "The Impact of High Temperatures on Performance in Work-Related Activities," IZA Discussion Papers 16431, Institute of Labor Economics (IZA).
- Blonigen, Bruce A. & Piger, Jeremy & Sly, Nicholas, 2014.
"Comovement in GDP trends and cycles among trading partners,"
Journal of International Economics, Elsevier, vol. 94(2), pages 239-247.
- Bruce A. Blonigen & Jeremy Piger & Nicholas Sly, 2012. "Comovement in GDP Trends and Cycles Among Trading Partners," NBER Working Papers 18032, National Bureau of Economic Research, Inc.
- Richard S.J. Tol, 2020.
"The Economic Impact of Weather and Climate,"
Video Library
2094, Department of Economics, University of Sussex Business School.
- Richard S.J. Tol, 2021. "The economic impact of weather and climate," Working Paper Series 0521, Department of Economics, University of Sussex Business School.
- Richard S. J. Tol, 2021. "The Economic Impact of Weather and Climate," CESifo Working Paper Series 8946, CESifo.
- Richard S.J. Tol, 2021. "The Economic Impact of Weather and Climate," Working Papers 2021.04, Fondazione Eni Enrico Mattei.
- Richard S.J. Tol, 2021. "The economic impact of weather and climate," Video Library 2108, Department of Economics, University of Sussex Business School.
- Richard S.J. Tol, 2021. "The economic impact of weather and climate," Video Library 2109, Department of Economics, University of Sussex Business School.
- Richard S.J. Tol, 2020. "The Economic Impact of Weather and Climate," Video Library 2093, Department of Economics, University of Sussex Business School.
- Tol, Richard S. J., 2021. "The Economic Impact of Weather and Climate," FEEM Working Papers 309917, Fondazione Eni Enrico Mattei (FEEM).
- Richard S. J. Tol, 2021. "The economic impact of weather and climate," Papers 2102.13110, arXiv.org, revised May 2021.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arx:papers:2505.08950. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.