Affiliation:
1. Paris-Saclay Applied Economics, AgroParisTech, Université Paris-Saclay, INRAE , Palaiseau, 91120, France
Abstract
Abstract
In this article, I estimate the effect of foreign weather shocks on firm-level exports, exploiting the French firm-level customs data from 1995 to 2009. I find support for a small, negative impact of foreign temperatures on average but estimate a robust and strong differential effect across exporters, leading to composition changes. Larger firms are more negatively harmed by foreign weather shocks than small exporters. Regarding mechanisms, demand-side mechanisms (such as import demand changes) are mainly at play, whereas I find no evidence for supply-side (competition) mechanisms.
Funder
French National Research Agency
Investissements d'Avenir
National Research Agency
Publisher
Oxford University Press (OUP)
Subject
Economics and Econometrics
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