Damania, RIchard; Engle, Nathan; Zaveri, Esha D. - 2023
economic growth is poorly understood. This paper attempts to fill this gap by using data on annual subnational gross domestic … to extreme droughts reduce gross domestic product per capita growth between 0.39 and 0.85 percentage point, on average … have adverse effects, reducing growth by about 0.3 percentage point, a little less than half the impact felt in the low …