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Impact of seasonal rainfall on economic growth in Thailand

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  • Siriklao Sangkhaphan
  • Yang Shu

Abstract

The effects of climate change are significant in terms of rainfall variation. This article contributes to the literature by investigating the impacts of seasonal rainfall on the gross provincial product (GPP) growth rates of provinces in Thailand by using panel data from 1995 to 2015, and a fixed effects model was used for the regression. The estimates suggest that rainfall in summer has the most significant negative impacts on the region of southern Thailand because this region has the highest volume of rainfall and is affected by the monsoon in summer, whereas the central region and the Bangkok Metropolitan Region benefit from the summer rainfall. These results show that seasonal rainfall has an impact on the economic growth inequality throughout the nation.  Keywords: Rainfall, Economic growth, Fixed effect model

Suggested Citation

  • Siriklao Sangkhaphan & Yang Shu, 2020. "Impact of seasonal rainfall on economic growth in Thailand," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 10(2), pages 1-2.
    • Handle: RePEc:spt:admaec:v:10:y:2020:i:2:f:10_2_2
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    References listed on IDEAS

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    Cited by:

    1. Chaitat Jirophat & Pym Manopimoke & Suparit Suwanik, 2022. "The Macroeconomic Effects of Climate Shocks in Thailand," PIER Discussion Papers 188, Puey Ungphakorn Institute for Economic Research.

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