Temperature and Economic Performance of Chinese Manufacturing Firms

Submitted by Eugenia Leon on
EfD Authors:

This paper uses year-to-year fluctuations in temperature within counties to identify its effects on economic outcomes of Chinese manufacturing firms. We find four primary results. First, profit exhibits nonlinear responses to temperature. Profit decreases with higher summer temperatures and increases with higher winter temperatures. With temperature bins as temperature variables, profit increases with temperature up to 12-15°C, and then declines at higher temperatures.

Policy Design

Are renewable energy policies climate friendly? The role of capacity constraints and market power

Submitted by Hang Yin on
EfD Authors:

This paper studies the impacts of renewable energy support policies on energy prices, fossil
fuel supply and thus carbon emissions from fossil fuels. Such supports are climate friendly if
the renewables are already competitive against fossil fuels. But if the renewables are not yet
competitive, the climate change impacts are often ambiguous and are sensitive to capacity
constraints of renewables production and to the fossil fuel market structure. If the renewables

Climate Change, Energy

Global warming and local air pollution have reduced wheat yields in India

Submitted by Eugenia Leon on

We use regression analysis on data from 208 districts over the period 1981–2009 to examine the impact of temperature and solar radiation (affected by pollution from aerosols) on wheat yields in India. We find that a 1 °C increase in average daily maximum and minimum temperatures tends to lower yields by 2–4% each. A 1% increase in solar radiation increases yields by nearly 1%. Yields are estimated to be about 5.2% lower than they would have been if temperatures had not increased during the study period.

Agriculture, Climate Change