Time is of the Essence: Climate Adaptation Induced by Existing Institutions / Antonio Bento, Noah S. Miller, Mehreen Mookerjee, Edson R. Severnini.
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- D02 - Institutions: Design, Formation, Operations, and Impact
- H23 - Externalities • Redistributive Effects • Environmental Taxes and Subsidies
- K32 - Energy, Environmental, Health, and Safety Law
- P48 - Political Economy • Legal Institutions • Property Rights • Natural Resources • Energy • Environment • Regional Studies
- Q53 - Air Pollution • Water Pollution • Noise • Hazardous Waste • Solid Waste • Recycling
- Q54 - Climate • Natural Disasters and Their Management • Global Warming
- Q58 - Government Policy
- Hardcopy version available to institutional subscribers
Item type | Home library | Collection | Call number | Status | Date due | Barcode | Item holds | |
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Working Paper | Biblioteca Digital | Colección NBER | nber w28783 (Browse shelf(Opens below)) | Not For Loan |
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May 2021.
This study conceptualizes and demonstrates empirically that existing non-climate policies can induce climate adaptation. Adaptation involves adjusting to or coping with climatic change with the goal of reducing our vulnerability to its harmful effects. We examine the impact of temperature on ambient ozone concentration in the United States from 1980-2013. Ozone is formed under warm temperatures, but regulated by the Clean Air Act. These air quality standards may act as a buffer against extreme increases in ambient ozone concentration. Indeed, adaptation in counties out of attainment with the standards is 107 percent larger than under attainment, implying substantial regulation-induced adaptation.
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