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DOI | 10.1016/j.chieco.2024.102133 |
Climate Adaptation through Trade: Evidence and Mechanism from Heatwaves on Firms' Imports | |
Zhang, Zhiyue; Zhang, Wenhao; Wu, Qingyang; Liu, Jiahe; Jiang, Lei | |
发表日期 | 2024 |
ISSN | 1043-951X |
EISSN | 1873-7781 |
起始页码 | 84 |
卷号 | 84 |
英文摘要 | Firms can adapt causally to heat waves by altering their import behaviors. Utilizing matched data from the China Customs Database, the China Industrial Enterprise Database, and the China National Meteorological Science Data Center, this paper investigates variations in firm -level imports on days marked by extreme heat. The study robustly establishes that, in comparison to the temperature range of [12 degrees C, 15 degrees C), extreme heat leads to increased imports by industrial firms. Additionally, for each additional day within a month featuring an average daily temperature falling within the ranges [24 degrees C, 27 degrees C), [27 degrees C, 30 degrees C), or [30 degrees C, +infinity), monthly imports for firms increase cumulatively by 0.35%, 0.57%, and 0.56%, respectively. Notably, the impact of hot weather on non -state-owned labor-intensive firms is particularly pronounced. Our mechanistic analysis suggests that firms resort to heightened imports as a strategy for adapting to the warming climate, mitigating the elevated domestic production costs identified in existing studies. These findings bear relevance to the formulation of future bottom -up climate adaptation policies. |
英文关键词 | Climate change; Adaptation; Extreme heat; Imports; Trade |
语种 | 英语 |
WOS研究方向 | Business & Economics |
WOS类目 | Economics |
WOS记录号 | WOS:001202489400001 |
来源期刊 | CHINA ECONOMIC REVIEW |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/293100 |
作者单位 | Capital University of Economics & Business; Nankai University; University of California System; University of California Los Angeles; Nankai University |
推荐引用方式 GB/T 7714 | Zhang, Zhiyue,Zhang, Wenhao,Wu, Qingyang,et al. Climate Adaptation through Trade: Evidence and Mechanism from Heatwaves on Firms' Imports[J],2024,84. |
APA | Zhang, Zhiyue,Zhang, Wenhao,Wu, Qingyang,Liu, Jiahe,&Jiang, Lei.(2024).Climate Adaptation through Trade: Evidence and Mechanism from Heatwaves on Firms' Imports.CHINA ECONOMIC REVIEW,84. |
MLA | Zhang, Zhiyue,et al."Climate Adaptation through Trade: Evidence and Mechanism from Heatwaves on Firms' Imports".CHINA ECONOMIC REVIEW 84(2024). |
条目包含的文件 | 条目无相关文件。 |
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