Global non-linear effect of temperature on economic production

Marshall Burke, Solomon M Hsiang and Edward Miguel

Department of Economics, Working Paper Series from Department of Economics, Institute for Business and Economic Research, UC Berkeley

Abstract: Economic productivity is shown to peak at an annual average temperature of 13 °C and decline at high temperatures, indicating that climate change is expected to lower global incomes more than 20% by 2100.

Keywords: 38 Economics (for-2020); 3801 Applied Economics (for-2020); Agriculture (mesh); Climate (mesh); Developed Countries (mesh); Developing Countries (mesh); Efficiency (mesh); Global Warming (mesh); Income (mesh); Internationality (mesh); Models; Economic (mesh); Nonlinear Dynamics (mesh); Temperature (mesh); Time Factors (mesh); Models; Economic (mesh); Efficiency (mesh); Temperature (mesh); Climate (mesh); Nonlinear Dynamics (mesh); Time Factors (mesh); Internationality (mesh); Developed Countries (mesh); Developing Countries (mesh); Agriculture (mesh); Income (mesh); Global Warming (mesh); Agriculture (mesh); Climate (mesh); Developed Countries (mesh); Developing Countries (mesh); Efficiency (mesh); Global Warming (mesh); Income (mesh); Internationality (mesh); Models; Economic (mesh); Nonlinear Dynamics (mesh); Temperature (mesh); Time Factors (mesh); General Science & Technology (science-metrix) (search for similar items in EconPapers)
Date: 2015-11-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (224)

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