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Climate Change, Growth, and Development in Developing Countries - Cambiamento climatico, crescita e sviluppo nei paesi in via di sviluppo

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Abstract

This paper investigates the links between climate change and growth and development in developing countries. Based on data from the World Bank and using a sample of twenty-two developing economies, we find that per capita GDP growth is dependent upon internet access, the change in average annual temperature, the percentage of the urban population with sanitation services, male life expectancy at birth used as a proxy for the possible effect of improved health, and the change in precipitation. Regression results also show that per capita income is a function of the change in heat wave duration, net migration, internet access, and investment as measured by gross capital formation as a percent of GDP. Statistical results of such empirical examination will assist policy makers in developing countries understand the links between climate change and growth and development in order to take appropriate action with regard to sustainable economic growth and development. Data for all variables are from the 2010 World Development Report, the 2007 World Development Report, and the Economist Intelligence Unit’s Index of Democracy 2008. We apply the two-stage leastsquares estimation technique in a multivariate linear regression. We observe that a few coefficient estimates do not have the expected sign due to possible collinearity among some independent variables and that both net migration and internet access have non-linear effects on per capita GDP growth and per capita purchasing power parity GNI. - Lo studio esamina i legami tra i cambiamenti del clima e crescita e sviluppo nei pvs. Sulla base dei dati della Banca Mondiale e attraverso l’utilizzo di un campione di 22 economie emergenti, si evidenzia che la crescita del PIL procapite è influenzato dalla possibilità di accesso a Internet, dai cambiamenti climatici, dalla percentuale della popolazione urbana che dispone di servizi igienici, dall’aspettativa di vita alla nascita, utilizzata come indice per il possibile effetto del miglioramento della sanità, e i cambiamenti nelle precipitazioni atmosferiche. I risultati di una analisi di regressione mostrano anche che il reddito procapite è funzione della durata dei periodi di caldo intenso, del tasso di immigrazione, della possibilità di accesso a Internet e degli investimenti, valutati sulla base della formazione di grandi capitali in percentuale al PIL. I risultati statistici di quest’analisi empirica saranno d’aiuto ai governanti dei pvs per comprendere i legami tra cambiamenti climatici e crescita e sviluppo. I dati relativi alle variabili sono stati estrapolati dal World Development Report edizione 2007 e 2010, e dall’Index of Democracy 2008 dell’Economist Intelligence Unit. La tecnica applicata è quella dei minimi quadrati su due livelli in una regressione lineare multivariata. Si osserva che alcune stime non hanno il segno atteso, forse a causa della possibile collinearità fra alcune variabili indipendenti, e che sia la variabile immigrazione sia la variabile accesso a Internet hanno effetti non lineari sulla crescita del PIL procapite e sul reddito lordo nazionale procapite a parità del potere di acquisto.

Suggested Citation

  • Dao , Minh Quang, 2011. "Climate Change, Growth, and Development in Developing Countries - Cambiamento climatico, crescita e sviluppo nei paesi in via di sviluppo," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 64(4), pages 445-464.
  • Handle: RePEc:ris:ecoint:0631
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    Keywords

    Temperature Change; Net Migration; Precipitation; Heat Wave Duration; Sanitation Services; Developing Countries; O12;

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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