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Extreme Weather Sensitivity of German Companies – Results of a Business Survey

Michael Berlemann, Robert Lehmann
ifo Institut, München, 2020

ifo Schnelldienst, 2020, 73, Nr. 08, 45-55

As global warming progresses, some extreme weather events are occurring more frequently or at a higher intensity. For Germany, too, such trends are already discernible. Against this background, the question arises whether and how extreme weather events influence the value added of companies. The results of a survey of German companies show that a considerable number of the companies are negatively influenced by extreme weather events.

Keywords: Betriebliche Wertschöpfung, Unternehmen, Wetter, Deutschland
JEL Classification: L200, Q510, Q540

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ifo Institute, Munich, 2020