Tesi etd-05262022-152645
Link copiato negli appunti
Tipo di tesi
Corso Ordinario Secondo Livello
Autore
COLOMBO, DANIELE
URN
etd-05262022-152645
Titolo
The Effects of Extreme Weather on Production: an Application to French, German and Italian data
Struttura
Cl. Sc. Sociali - Scienze Economiche
Corso di studi
SCIENZE ECONOMICHE E MANAGERIALI - SCIENZE ECONOMICHE E MANAGERIALI
Commissione
Tutor Prof. TAMAGNI, FEDERICO
Presidente Prof. PICCALUGA, ANDREA MARIO CUORE
Membro Prof.ssa ANNUNZIATA, ELEONORA
Membro Prof. IRALDO, FABIO
Membro Prof. TENUCCI, ANDREA
Relatore Prof. FERRARA, LAURENT
Presidente Prof. PICCALUGA, ANDREA MARIO CUORE
Membro Prof.ssa ANNUNZIATA, ELEONORA
Membro Prof. IRALDO, FABIO
Membro Prof. TENUCCI, ANDREA
Relatore Prof. FERRARA, LAURENT
Parole chiave
- Bayesian VAR
- Production
- Weather shocks
Data inizio appello
08/06/2022;
Disponibilità
completa
Riassunto analitico
This paper studies the impact of extreme weather shocks on three of Europe's main economies. To identify changes in extreme weather patterns, we use the novel European Extreme Events Climate Index, which includes five components summarizing information about the main climatic hazards: cold and heat stresses, droughts, heavy precipitations and intense winds. A series of Bayesian VAR models is estimated to assess the impact of each type of weather event on various sectors of production, ranging from manufacturing to construction to services. We find clear evidence of the impact of extreme weather, with each component impacting heterogeneously across different countries and production sectors. The analysis is robust to different estimation and identification schemes.
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