IDEAS home Printed from https://ideas.repec.org/a/spr/nathaz/v71y2014i2p1091-1105.html
   My bibliography  Save this article

Co-integration analysis between GDP and meteorological catastrophic factors of Nanjing city based on the buffer operator

Author

Listed:
  • Chonglan Guo
  • Xiaoxia Xu
  • Zaiwu Gong

Abstract

This paper analyzes the relationship between meteorological catastrophic factors and gross domestic product (GDP) growth rate of Nanjing city (China). The sample spans the period 1980–2010, including GDP growth rate and meteorological catastrophic factors (extreme precipitation, extreme temperature and extreme wind speed). We utilize econometric methods to take co-integration analysis and Granger causality test among GDP growth rate and the time series of meteorological catastrophic factors of Nanjing city processed by buffer operators. Finally, the paper shows the short-term changes in minimum atmospheric pressure, extreme high temperature, and minimum relative humidity, which has a positive impact on GDP; the cumulative effect of extreme precipitation and GDP affects each other to some extent, they are mutually Granger causes. Moreover, at the 95 % confidence level, we believe that maximum wind speed is the Granger causation of GDP growth rate. Copyright Springer Science+Business Media Dordrecht 2014

Suggested Citation

  • Chonglan Guo & Xiaoxia Xu & Zaiwu Gong, 2014. "Co-integration analysis between GDP and meteorological catastrophic factors of Nanjing city based on the buffer operator," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 71(2), pages 1091-1105, March.
    • Handle: RePEc:spr:nathaz:v:71:y:2014:i:2:p:1091-1105
    DOI: 10.1007/s11069-013-0669-z
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11069-013-0669-z
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11069-013-0669-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    2. Stock, James H. & Watson, Mark W., 1989. "Interpreting the evidence on money-income causality," Journal of Econometrics, Elsevier, vol. 40(1), pages 161-181, January.
    3. C. Haque, 2003. "Perspectives of Natural Disasters in East and South Asia, and the Pacific Island States: Socio-economic Correlates and Needs Assessment," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 29(3), pages 465-483, July.
    4. J. Birkmann & P. Buckle & J. Jaeger & M. Pelling & N. Setiadi & M. Garschagen & N. Fernando & J. Kropp, 2010. "Extreme events and disasters: a window of opportunity for change? Analysis of organizational, institutional and political changes, formal and informal responses after mega-disasters," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 55(3), pages 637-655, December.
    5. Weiping Lou & Haiyan Chen & Xiaoling Shen & Ke Sun & Shengrong Deng, 2012. "Fine assessment of tropical cyclone disasters based on GIS and SVM in Zhejiang Province, China," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 64(1), pages 511-529, October.
    6. Mampei Hayashi, 2012. "A Quick Method for Assessing Economic Damage Caused by Natural Disasters: An Epidemiological Approach," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 18(4), pages 417-427, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yanxu Liu & Shuangshuang Li & Yanglin Wang & Tian Zhang & Jian Peng & Tianyi Li, 2015. "Identification of multiple climatic extremes in metropolis: a comparison of Guangzhou and Shenzhen, China," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 79(2), pages 939-953, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marin, Dalia, 1992. "Is the Export-Led.Growth Hypothesis Valid for Industrialized Countries?," The Review of Economics and Statistics, MIT Press, vol. 74(4), pages 678-688, November.
    2. Marcus Noland, 2004. "Selective Intervention and Growth: The Case of Korea," Chapters, in: Michael G. Plummer (ed.), Empirical Methods in International Trade, chapter 13, Edward Elgar Publishing.
    3. Bashiri Behmiri, Niaz & Pires Manso, José R., 2012. "Does Portuguese economy support crude oil conservation hypothesis?," Energy Policy, Elsevier, vol. 45(C), pages 628-634.
    4. Yoo, S.-H., 2006. "The causal relationship between electricity consumption and economic growth in the ASEAN countries," Energy Policy, Elsevier, vol. 34(18), pages 3573-3582, December.
    5. Hirukawa, Junichi & Raïssi, Hamdi, 2020. "Testing linear relationships between non-constant variances of economic variables," Economic Modelling, Elsevier, vol. 90(C), pages 182-189.
    6. Chae, Yeoungjin & Kim, Myunghwan & Yoo, Seung-Hoon, 2012. "Does natural gas fuel price cause system marginal price, vice-versa, or neither? A causality analysis," Energy, Elsevier, vol. 47(1), pages 199-204.
    7. Salmanzadeh-Meydani, N. & Fatemi Ghomi, S.M.T., 2019. "The causal relationship among electricity consumption, economic growth and capital stock in Iran," Journal of Policy Modeling, Elsevier, vol. 41(6), pages 1230-1256.
    8. Jones Danquah & Daniel Sarpong & Ari Pappinen, 2013. "Causal relationships between African mahoganies exports and deforestation in Ghana: policy implications," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 15(1), pages 51-66, February.
    9. Athanasenas, Athanasios L., 2010. "Credit, income, and causality: A contemporary co-integration analysis," European Journal of Operational Research, Elsevier, vol. 201(1), pages 194-205, February.
    10. Tarlok Singh, 2012. "Does public capital crowd-out or crowd-in private capital in India?," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 15(2), pages 109-133, June.
    11. Corradi, Valentina & Swanson, Norman R., 2006. "The effect of data transformation on common cycle, cointegration, and unit root tests: Monte Carlo results and a simple test," Journal of Econometrics, Elsevier, vol. 132(1), pages 195-229, May.
    12. Tarlok Singh, 2017. "Are Current Account Deficits in the OECD Countries Sustainable? Robust Evidence from Time-Series Estimators," The International Trade Journal, Taylor & Francis Journals, vol. 31(1), pages 29-64, January.
    13. Seung-Hoon Yoo, 2004. "Public R&D expenditure and private R&D expenditure: a causality analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 11(11), pages 711-714.
    14. Izabel Cristina de Lima & Sueli Moro & Frederico Gonzaga Jayme Junior, 2006. "Ciclos E Previsão Cíclica: Um Modelo De Indicadores Antecedentes Para A Economia Brasileira," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 13, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    15. Franses,Philip Hans & Dijk,Dick van & Opschoor,Anne, 2014. "Time Series Models for Business and Economic Forecasting," Cambridge Books, Cambridge University Press, number 9780521520911.
    16. Andhyka Tyaz Nugraha & Nor Hasni Osman, 2019. "CO2 Emissions, Economic Growth, Energy Consumption, and Household Expenditure for Indonesia: Evidence from Cointegration and Vector Error Correction Model," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 291-298.
    17. Ramazan Sari & Ugur Soytas, 2006. "Income and Education in Turkey: A Multivariate Analysis," Education Economics, Taylor & Francis Journals, vol. 14(2), pages 181-196.
    18. Carmen M. Reinhart & Vincent R. Reinhart, 1991. "Output Fluctuations and Monetary Shocks: Evidence from Colombia," IMF Staff Papers, Palgrave Macmillan, vol. 38(4), pages 705-735, December.
    19. John D. Levendis, 2018. "Time Series Econometrics," Springer Texts in Business and Economics, Springer, number 978-3-319-98282-3, August.
    20. Adolfo Sachsida & Mário Jorge Cardoso de Mendonça, 2006. "Domestic Saving and Investment Revised: Can the Feldstein-Horioka Equation be Used for Policy Analysis?," Discussion Papers 1158, Instituto de Pesquisa Econômica Aplicada - IPEA.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:nathaz:v:71:y:2014:i:2:p:1091-1105. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.