Weather Conditions and Economic Growth - Is Productivity Hampered by Climate Change?

Climate change researchers predict a dramatic increase in global average temperature over the next decades. We use past temperature and precipitation fluctuations to investigate whether changes in temperature and precipitation are associated with decreases in economic growth. A GMM panel regression is used to analyze the effects of the average yearly heat index and precipitation on economic growth in 105 countries for the time period 1991-2009.

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Year of publication:	2014-10-14
Authors:	Brenner, Thomas ; Lee, Daniel
Institutions:	Volkswirtschaft Abteilung, Fachbereich Wirtschaftswissenschaften
Subject:	national growth \| heat \| average yearly temperature \| growth effects \| panel GMM

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Extent:	application/pdf
Series:	Working Papers on Innovation and Space.
Type of publication:	Book / Working Paper
Notes:	Number 2014-06 312 pages
Classification:	O11 - Macroeconomic Analyses of Economic Development ; O13 - Agriculture; Natural Resources; Energy; Environment; Other Primary Products ; E10 - General Aggregative Models. General ; C23 - Models with Panel Data
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010932978