NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Industrial Productivity in a Hotter World: The Aggregate Implications of Heterogeneous Firm Investment in Air Conditioning

Joshua Graff Zivin, Matthew E. Kahn

NBER Working Paper No. 22962
Issued in December 2016

---- Acknowledgments ----

We thank Tatyana Deryugina and seminar participants at Stanford for comments. We also thank Jiwei Zhang for outstanding research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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