Federal Reserve Bank of Richmond
Richmond Fed Economic Brief
The Impact of Higher Temperatures on Economic Growth
What happens to the economy when it gets hot outside? Despite long-standing assumptions that economic damage from rising global temperatures would be limited to the agricultural sector or developing economies, this Economic Brief presents evidence that higher summer temperatures hurt a variety of business sectors in the United States
Cite this item
Riccardo Colacito & Bridget Hoffman & Toan Phan & Timothy Sablik, "The Impact of Higher Temperatures on Economic Growth"
, Federal Reserve Bank of Richmond, Richmond Fed Economic Brief, issue August, pages 1-5, 2018.
Keywords: economic growth; temperature; economy; industry
This item with handle RePEc:fip:fedreb:00067
is also listed on EconPapers
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