The impact of air pollution on labour productivity: Large-scale micro evidence from Europe
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This study provides causal estimates of the impact of air pollution on short-run productivity based on firm-level data covering over 2.5 million companies operating in Europe from 2000 to 2022. Using the changes in the height of the planetary boundary layer as an instrumental variable, the analysis shows that a 1 µg/m3 increase in PM2.5...
