Source of Publication
Journal of Environmental Economics and Management
We develop a unifying approach to estimating climate impacts and adaptation, and apply it to study the impact of climate change on local air pollution. Economic agents are usually constrained when responding to daily weather shocks, but may adjust to long-run climatic changes. By simultaneously exploiting variation in weather and climate, we identify both the short- and long-run impacts on economic outcomes, and measure adaptation directly as the difference between those responses. As a result, we identify adaptation without making extrapolations of weather responses over time or space, and overcome omitted variable bias concerns from prior approaches.
Business | Environmental Studies
Q53, Q54, C51, Climate change estimation methods, Climate impacts, Adaptation, Local air pollution, Ambient ozone concentration, “climate penalty” on ozone
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Bento, Antonio M.; Miller, Noah; Mookerjee, Mehreen; and Severnini, Edson, "A unifying approach to measuring climate change impacts and adaptation" (2023). All Works. 5940.
Indexed in Scopus
Open Access Type
Hybrid: This publication is openly available in a subscription-based journal/series