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Open access Oct 2026

Urban Climate Adaptation and Firm Performance Under Climate Stress: Evidence from China’s Climate-Resilient City Pilot

This study explores whether urban climate adaptation changes firms’ operating responses to climate hazards. Using data for Chinese A-share listed firms from 2011 to 2023, we assess the 2017 Climate-Resilient City (CRC) pilot through a triple-difference approach. The analysis covers extreme heat, extreme low temperature...

Fang He · 0 citations

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