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The cost of adapting to climate change: evidence from the US residential sector. (2017). Söderberg, Magnus ; Glachant, Matthieu ; Cohen, Francois ; Sderberg, Magnus .
In: GRI Working Papers.
RePEc:lsg:lsgwps:wp263.

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  1. Does climate influence households’ thermal comfort decisions?. (2019). Davide, Marinella ; Mistry, Malcolm ; Randazzo, Teresa ; Pavanello, Filippo ; de Cian, Enrica ; DeCian, Enrica .
    In: Working Papers.
    RePEc:ven:wpaper:2019:02.

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References

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  1. A: Looking separately at central air conditioning and central heating In 1997, the American Housing Survey adopted a more detailed nomenclature for investments in the home. From that year on, it is possible to separately identify investments in central air conditioning and central heating. Below, we run the investment and expenditure models with specific investment and capital variables that separately capture investments in central air conditioning and central heating.
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  2. “Adapting to Climate Change: The Remarkable Decline in the U.S. Temperature-Mortality Relationship Over the 20th Century?” Journal of Political Economy, 124(1): 105-159; Blundell, Richard and Stephen Bond, 1998. “Initial conditions and moment restrictions in dynamic panel data models,” Journal of Econometrics, Volume 87, Issue 1, Pages 115–143 Blundell, Richard, Rachel Griffith and Frank Windmeijer, 2002. “Individual effects and dynamics in count data models,” Journal of Econometrics, Volume 108, Pages 113-131.

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  5. Auffhammer, Maximilian and Anin Aroonruengsawat. 2011. “Simulating the Impacts of Climate Change, Prices and Population on California’s Residential Electricity Consumption,” Climatic Change, Volume 109, Issue of first semester, Pages 191–210.

  6. Auffhammer, Maximilian and Anin Aroonruengsawat. 2012 revision of: “Simulating the Impacts of Climate Change, Prices and Population on California’s Residential Electricity Consumption,” Energy Institute at Haas.
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  7. Capital variables are constructed using the methodology described in Appendix B. We consider that equipment capital is split equally between heating and air conditioning, since we do not have separate cost information for these two categories in NAHB (2010). Overall, regression results are imprecise, very plausibly because the length of our panel has been reduced by half, but they point in the same direction as our base models: heating degree days increase investments in heating, cooling degree days increase investments in cooling, and investments in air conditioning have an effect on electricity consumption.
    Paper not yet in RePEc: Add citation now

  8. David Roodman, 2009. “How to do xtabond2: An introduction to difference and system GMM in Stata,” Stata Journal, StataCorp LP, vol. 9(1), pages 86-136, March.

  9. Davis, Lucas W. and Paul J. Gertler, 2015. Contribution of air conditioning adoption to future energy use under global warming. Proceedings of the National Academy of Sciences, Volume 112, Issue19, Pages 5962–5967 Dell, Melissa, Benjamin F. Jones, and Benjamin A. Olken. 2009. “Temperature and Income: Reconciling New Cross-Sectional and Panel Estimates.” American Economic Review 99 (2): 198–204.
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  10. Dell, Melissa, Benjamin Jones and Benjamin Olken, 2012. Temperature shocks and economic growth: Evidence from the last half century, American Economic Journal: Macroeconomics, Volume 4, Issue 3, Pages 66–95.

  11. Dell, Melissa, Benjamin Jones and Benjamin Olken, 2014. “What Do We Learn from the Weather? The New Climate-Economy Literature,” Journal of Economic Literature, Volume 52, Issue 3, Pages 740– 798.

  12. Deschênes, Olivier and Michael Greenstone, 2011. “Climate Change, Mortality, and Adaptation: Evidence from Annual Fluctuations in Weather in the US,” American Economic Journal: Applied Economics, Volume 3, Pages 152–185.

  13. Dixit, A. and R. Pindyck, Investment under Uncertainty, Princeton University Press, Princeton, N.J., 1994.

  14. Doms, Mark and Timothy Dunne, 1998. “Capital Adjustment Patterns in Manufacturing Plants,“ Review of Economic Dynamics, Volume 1, Pages 409–429.

  15. Eskeland, Gunnar and Torben Mideksa, 2010. Electricity demand in a changing climate, Mitigation and Adaptation Strategies for Global Change, Volume 15, Issue 8, Pages 877-897.

  16. Gelain, Paolo and Kevin J. Lansing, 2014. “House prices, expectations, and time-varying fundamentals,” Journal of Empirical Finance, Volume 29, Pages 3–25.

  17. Harding, John P., Stuart S. Rosenthal and C.F. Sirmans, 2007. Depreciation of housing capital, maintenance, and house price inflation: Estimates from a repeat sales model, Journal of Urban Economics, Volume 61, Issue 2, Pages 193–217.

  18. Helms, Andrew C., 2003. “Understanding gentrification: an empirical analysis of the determinants of urban housing renovation,” Journal of Urban Economics, Volume 54, Pages 474–498.

  19. Honoré, Bo E., 1992. ”Trimmed Lad and Least Squares Estimation of Truncated and Censored Regression Models with Fixed Effects,“ Econometrica, Volume 60, Issue 3, Pages 533–565.
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  20. Intergovernmental Panel on Climate Change (IPCC), 2001. Climate change 2001: impacts, adaptation and vulnerability. IPCC Working Group II.
    Paper not yet in RePEc: Add citation now
  21. Intergovernmental Panel on Climate Change (IPCC), 2013. Fifth Assessment Report: Climate Change 2013 (AR5).
    Paper not yet in RePEc: Add citation now

  22. Khan, Matthew E. 2010. Climatopolis: How Our Cities Will Thrive in the Hotter Future. Basic Books Mansur, E.T., R. Mendelsohn and W Morrison, 2008. “Climate Change Adaptation: A Study of Fuel Choice and Consumption in the US Energy Sector,” Journal of Environmental Economics and Management, Volume 55, Issue 2, 175-193.

  23. Molloy, Raven; Smith, Christopher L.; Wozniak, Abigail, 2011. “Internal Migration in the United States”. The Journal of Economic Perspectives, Volume 25, Number 3, pp. 173-196(24) Morna Isaac and P. van Vuuren, 2009. “Modeling global residential sector energy demand for heating and air conditioning in the context of climate change,” Energy Policy, Volume 37, Issue 2, Pages 507– 521.

  24. National Association of Home Builders, 2010. “Breaking Down House Price and Construction Costs” Rapson, David, 2014. Durable goods and long-run electricity demand: Evidence from air conditioner purchase behavior, Journal of Environmental Economics and Management, Volume 68, Issue 1, Pages 141-160 Sailor D.J. and Pavlova A.A., 2003. “Air conditioning market saturation and long-term response of residential cooling energy demand to climate change,” The Energy Journal, Volume 28, Issue 9, Pages 941–951.

  25. World Bank. 2010. The Cost to Emerging countries of Adapting to Climate Change: New Methods and Estimates. Washington, DC: World Bank. Main appendices The main appendices are appendices A to D. Online supplementary appendices E to L relate to the investment model. Those relating to the energy expenditure models are online appendices M to U.
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