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Temperatures and cyclones strongly associated with economic production in the Caribbean and

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TLDR
In this article, the authors show that the response of economic output to increased temperatures is structurally similar to labor productivity to high temperatures, a mechanism omitted from economic models of future climate change.
Abstract
Understanding the economic impact of surface temperatures is an important question for both economic development and climate change policy. This study shows that in 28 Caribbean-basin countries, the response of economic output to increased temperatures is structurally similar to the response of labor productivity to high temperatures, a mechanism omitted from economic models of future climate change. This similarity is demonstrated by isolating thedirectinfluenceoftemperaturefromthatoftropicalcyclones,an important correlate. Notably, output losses occurring in nonagricultural production (–2.4%/+1 °C) substantially exceed losses occurring in agricultural production (–0.1%/+1 °C). Thus, these results suggest that current models of future climate change that focus on agricultural impacts but omit the response of workers to thermal stress may underestimate the global economic costs of climate change. economic growth | climate | ergonomics | weather impacts | hurricanes

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Global non-linear effect of temperature on economic production

TL;DR: Overall economic productivity is non-linear in temperature for all countries, with productivity peaking at an annual average temperature of 13 °C and declining strongly at higher temperatures, which provides the first evidence that economic activity in all regions is coupled to the global climate.
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Quantifying the influence of climate on human conflict

TL;DR: There is more agreement across studies regarding the influence of climate on human conflict than has been recognized previously and warmer temperatures or extremes of rainfall can be causally associated with changes in interpersonal violence and in civil war.
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Temperature Shocks and Economic Growth: Evidence from the Last Half Century

TL;DR: In this paper, the authors used historical fluctuations in temperature within countries to identify its effects on aggregate economic outcomes, and found that higher temperatures substantially reduce economic growth in poor countries, not just the level of output.
Journal ArticleDOI

The Economic Effects of Climate Change

TL;DR: Greenhouse gas emissions are fundamental both to the world's energy system and to its food production as discussed by the authors, and they are the mother of all externalities: larger, more complex, and more uncertain than any other environmental problem.
References
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Whitney K. Newey, +1 more
- 01 May 1987 - 
TL;DR: In this article, a simple method of calculating a heteroskedasticity and autocorrelation consistent covariance matrix that is positive semi-definite by construction is described.
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