The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: Physical climate change and the sovereign risk of emerging economies
(1) | (2) | (3) | (4) | |
---|---|---|---|---|
\(\Delta\)EMBI | \(\Delta\)EMBI | \(\Delta\)EMBI | \(\Delta\)EMBI | |
HistoricalTempAnomaly | − 0.00387 (0.0608) | 0.0963 (0.147) | − 0.211** (0.104) | |
HistoricalTempAnomaly \(\times\) PostParis | − 0.0363 (0.0651) | − 0.0631 (0.159) | 0.0255 (0.129) | |
DeviationAdjustedTempAnomaly | − 0.246*** (0.0873) | |||
DeviationAdjustedTempAnomaly \(\times\) PostParis | 0.0522 (0.0843) | |||
HistoricalTempAnomaly \(\times\) VeryWarmCountry | − 0.608** (0.257) | |||
VeryWarmCountry \(\times\) PostParis | − 0.335 (0.430) | |||
HistoricalTempAnomaly \(\times\) VeryWarmCountry \(\times\) PostParis | 0.375 (0.340) | |||
RuleOfLaw | − 0.00551 (0.00504) | |||
HistoricalTempAnomaly \(\times\) RuleOfLaw | 0.00415*** (0.00146) | |||
RuleOfLaw \(\times\) PostParis | 0.00255 (0.00374) | |||
HistoricalTempAnomaly \(\times\) RuleOfLaw \(\times\) PostParis | − 0.00113 (0.00207) | |||
Precipitation | 0.224 (0.363) | 0.0364 (0.376) | 0.0261 (0.398) | 0.274 (0.374) |
Observations | 9957 | 9957 | 9957 | 9688 |
R-squared | 0.524 | 0.524 | 0.525 | 0.502 |
Country FE | Yes | Yes | Yes | Yes |
Region\(\times\) MonthYear FE | Yes | Yes | Yes | Yes |
Other bin terms | Yes |