Publication:
Impact of Temperature Uncertainty on Firm Growth: A Grid-Level Analysis

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dc.contributor.authorYang, Jangho
dc.contributor.authorSchoder, Christian
dc.date.accessioned2025-01-08T21:58:34Z
dc.date.available2025-01-08T21:58:34Z
dc.date.issued2025-01-08
dc.description.abstractThis study examines the impact of temperature uncertainty on firm fixed capital growth using a unique dataset that merges extensive firm-level financial data with detailed grid-level weather data. The analysis reveals a strong negative relationship between temperature uncertainty and fixed capital growth. Furthermore, the impact varies significantly across industries with differing levels of investment irreversibility and among countries with varying income levels. Firms in industries characterized by high investment irreversibility and those operating in higher-income countries experience more pronounced declines in fixed asset growth due to temperature uncertainty.en
dc.identifierhttp://documents.worldbank.org/curated/en/099308001082514907/IDU1166268411c19a149b21aeca1bb94880795e3
dc.identifier.doi10.1596/1813-9450-11020
dc.identifier.urihttps://hdl.handle.net/10986/42644
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 11020
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectTEMPERATURE UNCERTAINTY
dc.subjectFIRMS' FIXED ASSET GROWTH
dc.subjectINVESTMENT IRREVERSABILITY
dc.subjectINCOME-LEVEL HETEROGENITY
dc.titleImpact of Temperature Uncertainty on Firm Growthen
dc.title.subtitleA Grid-Level Analysisen
dc.typeWorking Paper
dspace.entity.typePublication
okr.associatedcontenthttps://reproducibility.worldbank.org/index.php/catalog/221 Link to reproducibility package
okr.date.disclosure2025-01-08
okr.date.doiregistration2025-04-14T11:50:51.447085Z
okr.date.lastmodified2025-01-08T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099308001082514907/IDU1166268411c19a149b21aeca1bb94880795e3
okr.guid099308001082514907
okr.identifier.docmidIDU-16626841-c19a-49b2-aeca-bb94880795e3
okr.identifier.doi10.1596/1813-9450-11020
okr.identifier.externaldocumentum34443883
okr.identifier.internaldocumentum34443883
okr.identifier.reportWPS11020
okr.import.id6254
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099308001082514907/pdf/IDU1166268411c19a149b21aeca1bb94880795e3.pdfen
okr.region.geographicalWorld
okr.sectorOther Public Administration
okr.themeStructural Transformation and Economic Diversification,Mitigation,Financial Stability,Economic Policy,Green Growth,Economic Growth and Planning,Environment and Natural Resource Management,Finance,Climate change,Adaptation,Macroeconomic & Structural Policy Modelling
okr.topicIndustry
okr.topicEnvironment::Climate Change Impacts
okr.topicEnvironment::Natural Resources Management
okr.topicMacroeconomics and Economic Growth::Income
okr.unitProsperityChiefEconClimateTeam (EFICT)
okr.unitDEC-Development Policy (DECDP)
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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