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Changement climatique et viabilité budgétaire en Afrique subsaharienne

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  • Patrick Amir Imam
  • Kangni Kpodar

Abstract

Against the backdrop of high exposure and vulnerability to climate change, this paper examines how climate change, measured by the occurrence of natural disasters, affects fiscal outturns in a sample of 45 sub-Saharan African countries during the period 2000-2019. Looking at various indicators of fiscal outturns?government revenue, expenditure, budget balance, and total public debt?our priors are largely supported by the fixed-effect estimations and local projections. Climate shocks lead to lower revenues, have a limited impact on expenditure, but worsen the budget deficit and total public debt. Nonetheless, the transmission of natural disaster shocks to fiscal outturns appears to be confined within the first year after the occurrence of the natural disaster. Codes JEL : Q54, N27, H61.

Suggested Citation

  • Patrick Amir Imam & Kangni Kpodar, 2022. "Changement climatique et viabilité budgétaire en Afrique subsaharienne," Revue d’économie du développement, De Boeck Université, vol. 32(4), pages 89-124.
    • Handle: RePEc:cai:edddbu:edd_363_0089
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    More about this item

    Keywords

    Sub-Saharan Africa; budget; natural disaster; climate change;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • N27 - Economic History - - Financial Markets and Institutions - - - Africa; Oceania
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems

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