世界银行：温度不确定性对企业成长的影响：网格层次分析（英文版）

This studyexamines theimpact of temperature uncertaintyon firm fxed capital growth using a unique dataset thatmerges extensive firm-level fnancial data with detailed gridlevel weather data. The analysis reveals a strong negativerelationship between temperature uncertainty and fixedcapital growth.Furthermore,theimpact varies sienifcantlyacross industries with difering levels of investment irreversibility and among countries with varying income levels.Firms in industries characterized by high inve