TY  - BOOK
AU  - Acevedo,S.
ED  - International Monetary Fund,
TI  - Weather Shocks and Output in Low-Income Countries: adaptation and the Role of Policies
T2  - IMF Working Paper
SN  - 1513509853
AV  - HD82 
U1  - 338.9 23
PY  - 2019///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Economic development
KW  - Macroeconomics
KW  - Economic policy
KW  - Financial crises
KW  - Industrial productivity
KW  - Performance technology
KW  - Labor productivity
KW  - Développement économique
KW  - Macroéconomie
KW  - Politique économique
KW  - Productivité
KW  - economic development
KW  - aat
KW  - fast
KW  - EBSCO  eBooks
KW  - Electronic books
N2  - We explore the extent to which macroeconomic policies, structural policies, and institutions can mitigate the negative relationship between temperature shocks and output in countries with warm climates. Empirical evidence and simulations of a dynamic general equilibrium model reveal that good policies can help countries cope with negative weather shocks to some extent. However, none of the adaptive policies we consider can fully eliminate the large aggregate output losses that countries with hot climates experience due to rising temperatures. Only curbing greenhouse gas emissions-which would mitigate further global warming-could limit the adverse macroeconomic consequences of weather shocks in a long-lasting way
UR  - https://www.lib.tsu.ru/limit/2023/EBSCO/2242543.pdf
ER  -