The impact of climate conditions on economic production. Evidence from a global panel of regions

• Published in: Journal of environmental economics and management Vol. 103; p. 102360
• Main Authors: Kalkuhl, Matthias, Wenz, Leonie
• Format: Journal Article
• Language: English
• Published: Elsevier Inc 01.09.2020
• Subjects: Climate change; Climate damages; Climate impacts; Cross-sectional regression; Damage function; Global warming; Growth regression; Panel regression; Social costs of carbon; E23; Social costs of carbon; Climate impacts; Panel regression; Damage function; O11; O44; Climate change; Q54; Q56; Global warming; Cross-sectional regression; Climate damages; Growth regression

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-sectiona...