Cooling China: The Weather Dependence of Air Conditioner Adoption
Maximilian Auffhammer()
Agricultural and Resource Economics Department, University of California, Berkeley. Berkeley, CA 94720-3310, USA; National Bureau of Economic Research (NBER)
One of the major adaptation mechanisms to climate change is increased demand for cooling via the air conditioning of indoor environments. China’s demand for air conditioners has displayed explosive growth since 1995. This paper provides estimates of the income and short run weather sensitivity of air conditioner adoption across urban areas for 29 Chinese provincial entities. We show that the adoption decision displays significant income and weather sensitivity in the short run, with adoption being higher the year following a hot summer.
. [J]. Frontiers of Economics in China, 2014, 9(1): 70-84.
Maximilian Auffhammer. Cooling China: The Weather Dependence of Air Conditioner Adoption. Front. Econ. China, 2014, 9(1): 70-84.