Time is of the Essence: Climate Adaptation Induced by Existing Institutions

106 Pages Posted: 15 May 2021

See all articles by Antonio Bento

Antonio Bento

University of Southern California - Sol Price School of Public Policy

Noah Miller

University of Southern California

Mehreen Mookerjee

Zayed University

Edson Severnini

Carnegie Mellon University

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Abstract

In the absence of first-best climate policy, we demonstrate that existing government institutions and policy established for reasons unrelated to climate change may induce climate adaptation. We examine the impact of temperature on ambient ozone concentration in the United States from 1980-2013, and the role of institution-induced adaptation. Ozone is formed under warm temperatures, and regulated by the Clean Air Act institution. Adaptation in counties out of attainment with air quality standards is 107 percent larger than under attainment, implying substantial institution-induced adaptation. Furthermore, local beliefs about climate change appear to reinforce adaptive behavior, suggesting a nontrivial role in second-best climate policy.

JEL Classification: Q53, Q54, Q58, H23, K32, P48, D02

Suggested Citation

Bento, Antonio and Miller, Noah and Mookerjee, Mehreen and Severnini, Edson, Time is of the Essence: Climate Adaptation Induced by Existing Institutions. IZA Discussion Paper No. 14355, Available at SSRN: https://ssrn.com/abstract=3846699 or http://dx.doi.org/10.2139/ssrn.3846699

Antonio Bento (Contact Author)

University of Southern California - Sol Price School of Public Policy ( email )

Los Angeles, CA 90089-0626
United States

Noah Miller

University of Southern California

Mehreen Mookerjee

Zayed University ( email )

P.O. Box 4783
Abu Dhabi
United Arab Emirates

Edson Severnini

Carnegie Mellon University

Pittsburgh, PA 15213-3890
United States

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