气候变化领域集成服务门户(CCPortal): The asymmetric role of temperature deviations in economic growth: Fresh evidence from global countries and panel quantile estimates

CCPortal

DOI	10.1002/ijfe.2952
	The asymmetric role of temperature deviations in economic growth: Fresh evidence from global countries and panel quantile estimates
	Apergis, Nicholas; Rehman, Mobeen Ur
发表日期	2024
ISSN	1076-9307
EISSN	1099-1158
英文摘要	This work explores the role of weather shocks, measured as temperature deviations from their normal, in affecting GDP growth through a panel of 148 countries, spanning the period 1960-2019 and a panel quantile approach. The findings show that GDP growth is negatively affected by such deviations at higher quantiles, with the results receiving robust support from three alternative methodologies. The analysis also identifies two channels through which the findings receive further support, such as, the 'heat-exposed' sectors effect on labour productivity, and the impact of temperature deviations on the capital accumulation capacity. The results also survive the role of the country development status. Finally, the analysis identifies the role of the countries' geographical location. The results can have substantial merit for policymakers in terms of the role of climate conditions in the growth process, especially in poor countries.
英文关键词	climate change; economic growth; quantile regression; temperature deviations
语种	英语
WOS研究方向	Business & Economics
WOS类目	Business, Finance
WOS记录号	WOS:001161836300001
来源期刊	INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/310070
作者单位	University of Piraeus; Keele University
推荐引用方式 GB/T 7714	Apergis, Nicholas,Rehman, Mobeen Ur. The asymmetric role of temperature deviations in economic growth: Fresh evidence from global countries and panel quantile estimates[J],2024.
APA	Apergis, Nicholas,&Rehman, Mobeen Ur.(2024).The asymmetric role of temperature deviations in economic growth: Fresh evidence from global countries and panel quantile estimates.INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS.
MLA	Apergis, Nicholas,et al."The asymmetric role of temperature deviations in economic growth: Fresh evidence from global countries and panel quantile estimates".INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS (2024).