Beyond threats: Extreme heatwaves and economic resilience in China

Wang, Xinya; Guo, Huixiao; Li, Youwei; Huang, Shupei

Abstract

This study demonstrates extreme heatwaves have a positive impact on economic resilience in China at the provincial level, utilizing high spatial resolution temperature data. This effect may be attributed to heightened climate policy uncertainty and shifts in public climate perception. Furthermore, our findings reveal that these effects are particularly pronounced in the eastern regions of China and in provinces with large economic scales but relatively small agriculture output values.

Citation

Wang, X., Guo, H., Li, Y., & Huang, S. (2025). Beyond threats: Extreme heatwaves and economic resilience in China. Finance research letters, 71, Article 106427. https://doi.org/10.1016/j.frl.2024.106427

• Journal Article Type: Article
• Acceptance Date: Nov 5, 2024
• Online Publication Date: Nov 6, 2024
• Publication Date: Jan 1, 2025
• Deposit Date: Nov 7, 2024
• Publicly Available Date: Nov 7, 2025
• Journal: Finance Research Letters
• Print ISSN: 1544-6123
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 71
• Article Number: 106427
• DOI: https://doi.org/10.1016/j.frl.2024.106427
• Public URL: https://hull-repository.worktribe.com/output/4910621