Climate ChangeS provides researchers with a timely and accurate update of new research papers on the Economics of Climate Change. On a weekly basis, links to the most recent and interesting working papers are aggregated from a variety of sources for easy and convenient reference. The focus is on research at the frontier, with most contributions appearing just a few days after having been released. For this reason, journal articles are not tracked.

February 8, 2010

Climate Shocks and Exports

by Benjamin F. Jones and Benjamin A. Olken

- This paper uses international trade data to examine the effects of climate shocks on economic activity. We examine panel models relating the annual growth rate of a country’s exports in a particular product category to the country’s weather in that year. We find that a poor country being 1 degree Celsius warmer in a given year reduces the growth rate of that country’s exports by between 2.0 and 5.7 percentage points, with no detectable effects in rich countries.

Jones, B.F. and B.A. Olken (2010). "Climate Shocks and Exports." NBER Working Paper No. 15711, Jan 2010.

Labels: , , ,