The DOI matches its Crossref record; 205 of the 205 references it cites were found in a registry or an index.
What Do We Learn from the Weather? The New Climate-Economy Literature
Open accessAbstract
A rapidly growing body of research applies panel methods to examine how temperature, precipitation, and windstorms influence economic outcomes. These studies focus on changes in weather realizations over time within a given spatial area and demonstrate impacts on agricultural output, industrial output, labor productivity, energy demand, health, conflict, and economic growth, among other outcomes. By harnessing exogenous variation over time within a given spatial unit, these studies help credibly identify (i) the breadth of channels linking weather and the economy, (ii) heterogeneous treatment effects across different types of locations, and (iii) nonlinear effects of weather variables. This paper reviews the new literature with two purposes. First, we summarize recent work, providing a guide to its methodologies, datasets, and findings. Second, we consider applications of the new literature, including insights for the “damage function” within models that seek to assess the potential economic effects of future climate change. (JEL C51, D72, O13, Q51, Q54)
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From Temperature and mental health: Evidence from the spectrum of mental health outcomes (2019) · cites this paper as Dell et al., 2014
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“An increasing number of studies use longitudinal empirical approaches in their analyses controlling for unobserved heterogeneity and common time trends via fixed effects (Dell et al., 2014).”
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Metadata
- Authors
- Dell, M., Jones, B. F., & Olken, B. A.
- Affiliations
- Harvard University (US)
- Northwestern University (US)
- Massachusetts Institute of Technology (US)
- Venue
- Journal of Economic Literature
- Publisher
- American Economic Association
- Published
- 2014-09-01
- Volume
- 52
- Issue
- 3
- Pages
- 740-798
- ISSN
- 0022-0515 (ISSN-L)
- OpenAlex
- W2104834906
- Cited by
- 2,300
- References
- 205
- Citations by year
- 2026: 265 · 2025: 281 · 2024: 285 · 2023: 251 · 2022: 220 · 2021: 217 · 2020: 188 · 2019: 137 · 2018: 129 · 2017: 127 · 2016: 91 · 2015: 76 · 2014: 23
- FWCI
- 262.01
- Type
- journal article
- Language
- en
- Open access
- bronze
- doi.org
- Locations
- Journal of Economic Literature (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
- Life Sciences › Agricultural and Biological Sciences › Agronomy and Crop Science › Climate change impacts on agriculture
- Physical Sciences › Environmental Science › Health, Toxicology and Mutagenesis › Climate Change and Health Impacts
- Keywords
- temperature effects, precipitation, windstorms, agricultural production, industrial production, labor productivity, energy demand, weather and health, conflict, economic growth, treatment effect heterogeneity, panel data methods
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