That’s troubling, given the fact that scientists expect the global climate to warm by two to five degrees Celsius over the next 90 years. \u0093To the extent that the historical impact is a reasonable predictor of the future impact, we should be particularly concerned about the effect of warming on poor countries,\u0094 says Mr. Olken.<\/p>\n
The new results support previous research done by Messrs. Olken and Jones together with Melissa Dell of MIT. That research found that in poor countries, a one-degree-Celsius temperature rise was associated with a drop in annual economic growth of one to two percentage points. Again, they found no effect in rich countries.<\/p>\n
Why poor countries? Mr. Olken says it\u0092s hard to know. One possibility is that poor countries are more vulnerable because they\u0092re more dependent on agriculture, though the export data suggest that\u0092s not the whole story. Another is that poorer countries have less access to air conditioning. Finding an explanation is \u0093an important area for further research,\u0094 says Mr. Olken.<\/p>\n
It’s still hard to say whether a warming climate will hurt the world’s economy. But if history is any guide, it’s likely to increase the gap between rich and poor. In a paper presented at the annual meeting of the American Economic Association, Ben Olken of MIT and Ben Jones of Northwestern University make an […]<\/p>\n","protected":false},"author":850,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-141387","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/141387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/850"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=141387"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/141387\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=141387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=141387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=141387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/img><\/a>
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