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DOI | 10.1016/j.jeem.2024.102940 |
Sufficient statistics for climate change counterfactuals | |
发表日期 | 2024 |
ISSN | 0095-0696 |
EISSN | 1096-0449 |
起始页码 | 124 |
卷号 | 124 |
英文摘要 | Recent years have seen a growing interest among empiricists in exploiting random weather fluctuations to identify climate change impacts, yet a clear understanding of the conditions under which short -run weather effects can reveal long -run climatic impacts is lacking. We derive necessary and sufficient conditions for weather fluctuations to systematically identify the marginal effect of climate on an economic outcome. Under these conditions, empirical estimates of local marginal weather effects flexibly trace out a common long -run response function to climate that can be used for non -marginal climate change counterfactuals. Our application considers the effect of weather on county -level agricultural GDP in the United States. Depending on model specification, agricultural GDP is predicted to decrease by 6%-10% under a 2 degree celsius warming scenario. |
英文关键词 | Climate change; Climate adaptation; Sufficient statistic; Weather |
语种 | 英语 |
WOS研究方向 | Business & Economics ; Environmental Sciences & Ecology |
WOS类目 | Business ; Economics ; Environmental Studies |
WOS记录号 | WOS:001188827400001 |
来源期刊 | JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/286067 |
作者单位 | University of California System; University of California Davis; AgroParisTech; Universite Paris Cite; INRAE; Universite Paris Saclay; Michigan State University |
推荐引用方式 GB/T 7714 | . Sufficient statistics for climate change counterfactuals[J],2024,124. |
APA | (2024).Sufficient statistics for climate change counterfactuals.JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT,124. |
MLA | "Sufficient statistics for climate change counterfactuals".JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 124(2024). |
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