IDEAS home Printed from https://ideas.repec.org/a/fip/fedfel/98298.html
   My bibliography  Save this article

Impact of U.S. Labor Productivity Losses from Extreme Heat

Author

Abstract

Extreme heat decreases labor productivity in sectors like construction, where much work occurs outdoors. Because construction is an important component of investment, lost productivity today will slow how much capital is built up for future use and thus can have long-lasting impacts on overall economic outcomes. Combining estimates of lost labor productivity due to extreme heat with a model of economic growth suggests that, by the year 2200, extreme heat will reduce the U.S. capital stock by 5.4% and annual consumption by 1.8%.

Suggested Citation

  • Gregory Casey & Stephie Fried & Matthew Gibson, 2024. "Impact of U.S. Labor Productivity Losses from Extreme Heat," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, vol. 2024(14), May.
    • Handle: RePEc:fip:fedfel:98298
    as

    Download full text from publisher

    File URL: https://www.frbsf.org/research-and-insights/publications/economic-letter/2024/05/impact-of-us-labor-productivity-losses-from-extreme-heat/?utm_source=mailchimp&utm_medium=email&utm_campaign=economic-letter#stephie-fried
    File Function: Full text - article
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedfel:98298. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Federal Reserve Bank of San Francisco Research Library (email available below). General contact details of provider: https://edirc.repec.org/data/frbsfus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.