EVALUATING CLIMATE CHANGE VULNERABILITIES IN THE ASEAN SERVICE SECTOR
Ingul Baek et al.
What the paper says
This study analyzes the impact of climate change on the service sector in ASEAN economies, using a 40-year panel dataset covering 21 Asia-Pacific countries. Focusing on temperature and precipitation anomalies, we estimate fixed-effects regressions with linear and nonlinear specifications. A sector-wide result shows a significant negative loading on temperature, while precipitation remains insignificant. Sub-sector estimates uncover sharp heterogeneity: Wholesale & Retail Trade, Hotels & Restaurants and Transport, Storage & Communications display robust negative first-order temperature components; Financial & Real Estate exhibits a weak concave response; Community, Social & Personal Services show no discernible effect. These results imply differentiated adaptation priorities. Policymakers should channel resources toward heat-resilient retail, logistics and tourism operations, while monitoring and incremental digitization suffice for the currently less-sensitive service sectors.
1 citation
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.16 × 0.4 = 0.06 |
| M · momentum | 0.53 × 0.15 = 0.08 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.