From disastrous heat waves to extreme rains: Effects of weather shocks on entrepreneurship

Publikation: Beitrag in FachzeitschriftArtikelForschungPeer-Review

Autoren

  • Sefa Awaworyi Churchill
  • Musharavati Ephraim Munyanyi
  • Trong Anh Trinh
  • Johan Wiklund

Externe Organisationen

  • Royal Melbourne Institute of Technology University
  • Monash University
  • Syracuse University
Forschungs-netzwerk anzeigen

Details

OriginalspracheEnglisch
Aufsatznummere00469
Seitenumfang14
FachzeitschriftJournal of Business Venturing Insights
Jahrgang21
Frühes Online-Datum5 Mai 2024
PublikationsstatusVeröffentlicht - Juni 2024

Abstract

Using household panel data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey and satellite re-analysis temperature and rainfall data, we present the first study to examine the impact of weather shocks on entrepreneurship. We measure temperature and rainfall shocks at the postcode level, and find that an increase in weather shocks in the previous period is associated with a decline in the probability of self-employment in the next period. We find suggestive evidence that health, cognitive functioning and economic activity are mechanisms through which temperature shocks transmit to entrepreneurship. The key insight of this study is that it is less likely that those directly affected by climate events will act entrepreneurially, at least in the short run.

ASJC Scopus Sachgebiete

Zitieren

From disastrous heat waves to extreme rains: Effects of weather shocks on entrepreneurship. / Awaworyi Churchill, Sefa; Munyanyi, Musharavati Ephraim; Trinh, Trong Anh et al.
in: Journal of Business Venturing Insights, Jahrgang 21, e00469, 06.2024.

Publikation: Beitrag in FachzeitschriftArtikelForschungPeer-Review

Awaworyi Churchill, S, Munyanyi, ME, Trinh, TA & Wiklund, J 2024, 'From disastrous heat waves to extreme rains: Effects of weather shocks on entrepreneurship', Journal of Business Venturing Insights, Jg. 21, e00469. https://doi.org/10.1016/j.jbvi.2024.e00469
Awaworyi Churchill, S., Munyanyi, M. E., Trinh, T. A., & Wiklund, J. (2024). From disastrous heat waves to extreme rains: Effects of weather shocks on entrepreneurship. Journal of Business Venturing Insights, 21, Artikel e00469. https://doi.org/10.1016/j.jbvi.2024.e00469
Awaworyi Churchill S, Munyanyi ME, Trinh TA, Wiklund J. From disastrous heat waves to extreme rains: Effects of weather shocks on entrepreneurship. Journal of Business Venturing Insights. 2024 Jun;21:e00469. Epub 2024 Mai 5. doi: 10.1016/j.jbvi.2024.e00469
Awaworyi Churchill, Sefa ; Munyanyi, Musharavati Ephraim ; Trinh, Trong Anh et al. / From disastrous heat waves to extreme rains : Effects of weather shocks on entrepreneurship. in: Journal of Business Venturing Insights. 2024 ; Jahrgang 21.
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TY - JOUR

T1 - From disastrous heat waves to extreme rains

T2 - Effects of weather shocks on entrepreneurship

AU - Awaworyi Churchill, Sefa

AU - Munyanyi, Musharavati Ephraim

AU - Trinh, Trong Anh

AU - Wiklund, Johan

N1 - Publisher Copyright: © 2024 The Authors

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AB - Using household panel data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey and satellite re-analysis temperature and rainfall data, we present the first study to examine the impact of weather shocks on entrepreneurship. We measure temperature and rainfall shocks at the postcode level, and find that an increase in weather shocks in the previous period is associated with a decline in the probability of self-employment in the next period. We find suggestive evidence that health, cognitive functioning and economic activity are mechanisms through which temperature shocks transmit to entrepreneurship. The key insight of this study is that it is less likely that those directly affected by climate events will act entrepreneurially, at least in the short run.

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