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DOI10.1016/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
ISSN1043-951X
EISSN1873-7781
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).
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