안녕하세요, 경제학과 BK사무실입니다.
경제학과 BK21 교육연구단에서 아래와 같이 목요세미나를 개최합니다.
많은 참여 부탁드립니다.
- 일시 : 2023년 9월 21일 (목) 16:30 - 17:45
- 발표자 : 김덕파 교수님 (고려대학교)
- 주제 : Macroeconomic impacts of climate change: a semi-structural analysis of unexpected weather conditions in Korea
- Abstract: We empirically investigate the impact of unexpected weather conditions on macroeconomic activities. We identify structural shocks using vector autoregression and define unexpected weather conditions as forecast errors derived from a simple econometric forecasting model. The regression analysis linking structural shocks with unexpected weather conditions reveals that cold events, such as heating degree days, contribute to supply shocks, while storms and dust storms are associated with demand shocks. The unexpected weather conditions in the hot and cold events appeared to have only modest explanatory power for the demand shock. Our findings suggest that Korea has benefited more from mild winters than it has been negatively affected by very hot summers.
- 장소 : 다산경제관 32211호