How Long to Read How Do Firms Cope with Losses from Extreme Weather Events?

How Long Does it Take to Read How Do Firms Cope with Losses from Extreme Weather Events??

It takes the average reader to read How Do Firms Cope with Losses from Extreme Weather Events? by Emanuela Benincasa

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Description

We document the investment and financing decisions of firms that experience monetary losses due to extreme weather events. Our sample covers firms operating in 41 economies, mainly emerging and developing markets. Consistent with the need to either replenish damaged capital or to adapt to climate change, firms hit by extreme weather are more likely to invest in long-term assets. In addition, they are more likely to integrate climate-friendly measures in their production processes. Although these firms have higher needs for bank credit, they are not more likely to be credit constrained than the average firm. Nonetheless, they face higher loan rejection rates and they are more leveraged than otherwise comparable firms. This suggests that climate change has the potential to erode the quality of firm balance sheets over time.

How long is How Do Firms Cope with Losses from Extreme Weather Events??

How Do Firms Cope with Losses from Extreme Weather Events? by Emanuela Benincasa is 0 pages long, and a total of 0 words.

This makes it 0% the length of the average book. It also has 0% more words than the average book.

How Long Does it Take to Read How Do Firms Cope with Losses from Extreme Weather Events? Aloud?

The average oral reading speed is 183 words per minute. This means it takes to read How Do Firms Cope with Losses from Extreme Weather Events? aloud.

What Reading Level is How Do Firms Cope with Losses from Extreme Weather Events??

How Do Firms Cope with Losses from Extreme Weather Events? is suitable for students ages 2 and up.

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