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220928 ||| eng |
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|a 9781513568539
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100 |
1 |
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|a Yao, Jiaxiong
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245 |
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|a Electricity Consumption and Temperature: Evidence from Satellite Data
|c Jiaxiong Yao
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2021
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300 |
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|a 38 pages
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651 |
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4 |
|a Brazil
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653 |
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|a Population & demography
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653 |
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|a Wealth
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653 |
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|a Income
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653 |
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|a Regional Economic Activity: Growth, Development, and Changes
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653 |
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|a Environmental Economics
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653 |
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|a Demographic Economics: General
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653 |
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|a Natural Disasters and Their Management
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653 |
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|a Investments: Energy
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653 |
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|a Saving
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653 |
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|a Climate
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653 |
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|a Electricity
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653 |
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|a Climate change
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653 |
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|a Aggregate Factor Income Distribution
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653 |
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|a Population and demographics
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653 |
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|a Consumption; Economics
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653 |
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|a Demography
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653 |
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|a Global Warming
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653 |
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|a Consumption
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653 |
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|a Population
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653 |
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|a Electric Utilities
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653 |
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|a Macroeconomics
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653 |
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|a Macroeconomics: Consumption
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653 |
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|a Investment & securities
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653 |
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|a Size and Spatial Distributions of Regional Economic Activity
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653 |
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|a Climatic changes
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653 |
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|a Electric utilities
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041 |
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7 |
|a eng
|2 ISO 639-2
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Working Papers
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028 |
5 |
0 |
|a 10.5089/9781513568539.001
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856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/2021/022/001.2021.issue-022-en.xml?cid=50031-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a Past studies on the relationship between electricity consumption and temperature have primarily focused on individual countries. Many regions are understudied as a result of data constraint. This paper studies the relationship on a global scale, overcoming the data constraint by using grid-level night light and temperature data. Mostly generated by electricity and recorded by satellites, night light has a strong linear relationship with electricity consumption and is correlated with both its extensive and intensive margins. Using night light as a proxy for electricity consumption at the grid level, we find: (1) there is a U-shaped relationship between electricity consumption and temperature; (2) the critical point of temperature for minimum electricity consumption is around 14.6°C for the world and it is higher in urban and more industrial areas; and (3) the impact of temperature on electricity consumption is persistent. Sub-Saharan African countries, while facing a large electricity deficit already, are particularly vulnerable to climate change: a 1°C increase in temperature is estimated to increase their electricity demand by 6.7% on average
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