Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/223732 
Year of Publication: 
2020
Series/Report no.: 
IZA Discussion Papers No. 13290
Publisher: 
Institute of Labor Economics (IZA), Bonn
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.
Subjects: 
climate change estimation methods
climate impacts
adaptation
local air pollution
ambient ozone concentration
"climate penalty" on ozone
JEL: 
Q53
Q54
C51
Document Type: 
Working Paper

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