<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This paper establishes DID and PSM-DID models to examine the effect of extreme weather on enterprise productivity, using empirical evidence from natural experiments of torrential rainstorm in Zhengzhou of China. Based on analysis of empirical results, we find that extreme weather has a negative impact on enterprise productivity, psychological capital plays a regulatory role in this influence, and decrements of enterprise productivity with high psychological capital is smaller than enterprises with low psychological capital. The results of this study provide empirical data support to understand the negative effect of extreme weather upon enterprise productivity and the positive role of employee psychological capital.</p>
</abstract>

This paper establishes DID and PSM-DID models to examine the effect of extreme weather on enterprise productivity, using empirical evidence from natural experiments of torrential rainstorm in Zhengzhou of China. Based on analysis of empirical results, we find that extreme weather has a negative impact on enterprise productivity, psychological capital plays a regulatory role in this influence, and decrements of enterprise productivity with high psychological capital is smaller than enterprises with low psychological capital. The results of this study provide empirical data support to understand the negative effect of extreme weather upon enterprise productivity and the positive role of employee psychological capital.

Difference-in-Differences Test for the Effect of Extreme Weather upon Enterprise Productivity

Applied Mathematics and Nonlinear Sciences

This work is licensed under the Creative Commons Attribution 4.0 International License.

This paper establishes DID and PSM-DID models to examine the effect of extreme weather on enterprise productivity, using empirical evidence from natural...

Difference-in-Differences Test for the Effect of Extreme Weather upon Enterprise Productivity

Publié en ligne: 25 sept. 2023

Pages: 3323 - 3334

Reçu: 28 juil. 2023

Accepté: 24 août 2023

DOI: https://doi.org/10.2478/amns.2023.2.01132

Mots clés
Difference-in-Differences Model, Propensity Score Matching-Difference in Differences Model, Extreme weather, Effect

© 2023 Guiping Li et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Difference-in-Differences Test for the Effect of Extreme Weather upon Enterprise Productivity

Publié en ligne: 25 sept. 2023

Pages: 3323 - 3334

Reçu: 28 juil. 2023

Accepté: 24 août 2023

DOI: https://doi.org/10.2478/amns.2023.2.01132

Mots clésDifference-in-Differences Model, Propensity Score Matching-Difference in Differences Model, Extreme weather, Effect

© 2023 Guiping Li et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Mots clés
Difference-in-Differences Model, Propensity Score Matching-Difference in Differences Model, Extreme weather, Effect