Climate Shocks and Exports

摘要

This paper has examined the impacts of temperature shocks on exports. We find substantial impacts of higher temperatures on poor countries exports, with no effects on richer countries' exports. Specifically, we find that an additional one degree Celsius reduces the growth rate of a poor country's exports by between 2.0 and 5.7 percentage points. We find that the impacts are concentrated in exports of agricultural products and light manufactures.