The impact of climate change on aggregate output in middle- and high-income countries

被引:7
作者
Doganlar, Murat [1 ]
Mike, Faruk [2 ]
Kizilkaya, Oktay [3 ]
机构
[1] Al Akhawayn Univ, Sch Business Adm, Ifrane, Morocco
[2] Hakkari Univ, Dept Econ, Hakkari, Turkey
[3] Malatya Turgut Ozal Univ, Dept Int Trade & Finance, Malatya, Turkey
关键词
aggregate output; climate change; panel data analysis; precipitation; temperature; Q54; O40; C33; ECONOMIC-GROWTH; DYNAMIC-MODELS; PANEL-DATA; TEMPERATURE; WEATHER; AFRICA; TESTS;
D O I
10.1111/1467-8454.12238
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study aims to analyse the impact of climate change on the aggregate output of middle- and high-income countries by using dynamic panel data analysis for yearly observations from 1990 to 2016. Following the Cobb-Douglas production function, the analyses included key economic parameters which are capital stock, labour force, and total factor productivity, and also climate change indicators namely temperature and precipitation. The generalised method of moments test results revealed different findings for middle- and high-income countries. Both the temperature and precipitation variables had a negative and statistically significant impact on aggregate output for middle-income countries. In the high-income countries, the temperature was found to have a positive but negligible effect on aggregate output, whereas precipitation was not found to have any significant effect. Granger causality test is also conducted to check for the consistency of GMM estimation.
引用
收藏
页码:72 / 86
页数:15
相关论文
共 50 条
[41]   Shifting sands: How exchange rate volatility shapes income distribution in high-income countries [J].
Parsons, Brandon ;
Rabhi, Ayoub .
STRUCTURAL CHANGE AND ECONOMIC DYNAMICS, 2025, 73 :89-100
[42]   Assessment of climate change impact on temperature and rainfall trend in the Setifian High Plains of Algeria [J].
Chellil, Nour Elhouda Maria ;
Chermat, Sabah .
IDOJARAS, 2025, 129 (01) :53-68
[43]   The Impact of Climate Change on the Urban-Rural Income Gap in China [J].
Xie, Yifeng ;
Wu, Haitao ;
Yao, Ruikuan .
AGRICULTURE-BASEL, 2023, 13 (09)
[44]   Precipitation anomalies, economic production, and the role of "first-nature" and "second-nature" geographies: A disaggregated analysis in high-income countries [J].
Holtermann, Linus .
GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS, 2020, 65
[45]   Impact of climate change on output and inflation in Africa's largest economies [J].
Iliyasu, Jamilu ;
Mamman, Suleiman. O. O. ;
Ahmed, Umar Abdullahi .
CLIMATE AND DEVELOPMENT, 2023, 15 (10) :864-875
[46]   Changes in Hypertension Prevalence, Awareness, Treatment, and Control in High-, Middle-, and Low-Income Countries: An Update [J].
Cifkova, Renata ;
Fodor, George ;
Wohlfahrt, Peter .
CURRENT HYPERTENSION REPORTS, 2016, 18 (08)
[47]   Impact of Entrepreneurial Activity and ICT Development on Sustainable Development: Evidence from High-Income Countries [J].
Karabetyan, Lina .
SUSTAINABILITY, 2023, 15 (06)
[48]   Fertility in High-Income Countries: Trends, Patterns, Determinants, and Consequences [J].
Bloom, David E. ;
Kuhn, Michael ;
Prettner, Klaus .
ANNUAL REVIEW OF ECONOMICS, 2024, 16 :159-184
[49]   Climate change and health in urban informal settlements in low- and middle-income countries - a scoping review of health impacts and adaptation strategies [J].
Borg, Frederikke Hojgaard ;
Greibe Andersen, Johanne ;
Karekezi, Catherine ;
Yonga, Gerald ;
Furu, Peter ;
Kallestrup, Per ;
Kraef, Christian .
GLOBAL HEALTH ACTION, 2021, 14 (01)
[50]   Sustainability in High-Income Countries: Urbanization, Renewables, and Ecological Footprints [J].
Tunio, Fayaz Hussain ;
Nabi, Agha Amad ;
Memon, Rafique Ur Rehman ;
Fraz, Tayyab Raza ;
Haluza, Daniela .
ENERGIES, 2025, 18 (07)