CLIMATE CHANGE IMPACT: ACCOUNTING FOR NONLINEAR AND HETEROGENEOUS RESPONSES ACROSS INDUSTRIES IN UNITED STATES
The relationship between weather and human society was discovered a long time ago. Recently, rising awareness of climate change has spurred many analyses on the cost of such change from various channels. Using a disaggregated approach, this paper examines the nonlinear impact of warming temperature on twenty economic sectors, meanwhile accounting for heterogeneity in the responses. The results suggest that, while most sectors will incur a loss under different scenarios of climate change, the aggregated impact on the entire United States economy is moderate.
global warming; Nonlinear; heterogeneous; industry; sector; Economics; Agriculture economics; growth; Climate change
Applied Economics and Management
M.S., Applied Economics and Management
Master of Science
dissertation or thesis