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What is Climate Change and Economic Activity: Evidence From US States about?

This study examines the long-term macroeconomic effects of climate change on 48 US states from 1963 to 2016, revealing significant adverse impacts on real output, labor productivity, and employment. The findings indicate that persistent deviations in temperature and precipitation from historical norms lead to lower economic growth, with adaptation efforts only partially mitigating these effects. The research highlights the asymmetrical nature of climate impacts across different states and sectors, emphasizi

Author

mqnkx8s5pr

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EN