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Long-term impacts of exposure to high temperatures on human capital and economic productivity.

Authors :
Fishman, Ram
Carrillo, Paul
Russ, Jason
Source :
Journal of Environmental Economics & Management. Jan2019, Vol. 93, p221-238. 18p.
Publication Year :
2019

Abstract

Abstract Weather anomalies have a range of adverse contemporaneous impacts on health and socio-economic outcomes. This paper tests if temperature anomalies around the time of birth can have long-term impacts on individuals' economic productivity. Using unique data sets on historical weather and earnings, place and date of birth of all 1.5 million formal employees in Ecuador, we find that individuals who have experienced in-utero temperatures that are 1 °C above average are less educated and earn about 0.7% less as adults. Results are robust to alternative specifications and falsification tests and suggest that warming may have already caused adverse long-term economic impacts. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00950696
Volume :
93
Database :
Academic Search Index
Journal :
Journal of Environmental Economics & Management
Publication Type :
Academic Journal
Accession number :
134253115
Full Text :
https://doi.org/10.1016/j.jeem.2018.10.001