This study is a contribution to the empirics of climate change and its effect on sustainable economic growth in Sub-Saharan Africa (SSA). Using data on two climate variables: temperature and precipitation, and employing panel cointegration econometric technique of the long- and short-run effects of climate change on growth, we establish that temperatures beyond 24.9 °C would significantly reduce economic performance in SSA. Furthermore, we show that the relationship between real GDP per capita on one hand and temperature on the other is intrinsically nonlinear.
The Effect of Climate Change on Economic Growth: Evidence from Sub-Saharan Africa / P. Alagidele, G. Adu, P.B. Frimpong. - In: ENVIRONMENTAL ECONOMICS AND POLICY STUDIES. - ISSN 1432-847X. - 18:3(2016 Jul), pp. 417-436. [10.1007/s10018-015-0116-3]
The Effect of Climate Change on Economic Growth: Evidence from Sub-Saharan Africa
P.B. FrimpongUltimo
2016
Abstract
This study is a contribution to the empirics of climate change and its effect on sustainable economic growth in Sub-Saharan Africa (SSA). Using data on two climate variables: temperature and precipitation, and employing panel cointegration econometric technique of the long- and short-run effects of climate change on growth, we establish that temperatures beyond 24.9 °C would significantly reduce economic performance in SSA. Furthermore, we show that the relationship between real GDP per capita on one hand and temperature on the other is intrinsically nonlinear.File | Dimensione | Formato | |
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