The DOI matches its Crossref record; 62 of the 62 references it cites were found in a registry or an index.
The impact of climate conditions on economic production. Evidence from a global panel of regions
Open accessAbstract
We present a novel data set of subnational economic output, Gross Regional Product (GRP), for more than 1500 regions in 77 countries that allows us to empirically estimate historic climate impacts at different time scales. Employing annual panel models, long-difference regressions and cross-sectional regressions, we identify effects on productivity levels and productivity growth. We do not find evidence for permanent growth rate impacts but we find robust evidence that temperature affects productivity levels considerably. An increase in global mean surface temperature by about 3.5°C until the end of the century would reduce global output by 7–14% in 2100, with even higher damages in tropical and poor regions. Updating the DICE damage function with our estimates suggests that the social cost of carbon from temperature-induced productivity losses is on the order of 73–142$/tCO2 in 2020, rising to 92–181$/tCO2 in 2030. These numbers exclude non-market damages and damages from extreme weather events or sea-level rise.
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Cites
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Cited by
Comprehensive evidence implies a higher social cost of CO2
Rennert, K., Errickson, F., Prest, B. C., Rennels, L., Newell, R. G., Pizer, W., Kingdon, C., Wingenroth, J., Cooke, R., Parthum, B., et al. (2022) · Nature · doi:10.1038/s41586-022-05224-9 · Cited by 1,067
The effect of rainfall changes on economic production
Kotz, M., Levermann, A., & Wenz, L. (2022) · Nature · doi:10.1038/s41586-021-04283-8 · Cited by 394
Self-citationRETRACTED ARTICLE: The economic commitment of climate change
Kotz, M., Levermann, A., & Wenz, L. (2024) · Nature · doi:10.1038/s41586-024-07219-0 · Cited by 348
Self-citationRetractedClimate variability impacts on agricultural output in East Africa
Mubenga-Tshitaka, J.-L., Dikgang, J., Muteba Mwamba, J. W., & Gelo, D. (2023) · Cogent Economics & Finance · doi:10.1080/23322039.2023.2181281 · Cited by 16
Metadata
- Authors
- Kalkuhl, M., & Wenz, L.
- Venue
- Journal of Environmental Economics and Management
- Publisher
- Elsevier BV
- Published
- 2020-09
- Volume
- 103
- Pages
- 102360
- ISSN
- 0095-0696 (ISSN-L)
- OpenAlex
- W3046989047
- Cited by
- 517
- References
- 62
- FWCI
- 49.33
- Type
- journal article
- Language
- en
- Open access
- hybrid
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- Kalkuhl, M., & Wenz, L. (2020). The impact of climate conditions on economic production. Evidence from a global panel of regions. Journal of Environmental Economics and Management. https://doi.org/10.1016/j.jeem.2020.102360
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.