A Unifying Approach to Measuring Climate Change Impacts and Adaptation

Antonio Bento (), Noah Miller (), Mehreen Mookerjee () and Edson Severnini
Additional contact information
Noah Miller: University of Southern California
Mehreen Mookerjee: Zayed University

No 13290, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: 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 exploiting simultaneously variation in weather and climatic changes, 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 prior studies' biases in the estimates of climate adaptation.

Keywords: local air pollution; adaptation; climate impacts; climate change estimation methods; ambient ozone concentration; "climate penalty" on ozone (search for similar items in EconPapers)
JEL-codes: C51 Q53 Q54 (search for similar items in EconPapers)
Pages: 88 pages
Date: 2020-05
New Economics Papers: this item is included in nep-agr and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Published - published in: Journal of Environmental Economics and Management, 2023, 121, 102843

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Related works:
Journal Article: A unifying approach to measuring climate change impacts and adaptation (2023)
Working Paper: A Unifying Approach to Measuring Climate Change Impacts and Adaptation (2020)
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