IDEAS home Printed from https://ideas.repec.org/a/wly/sustdv/v34y2026i2p1517-1532.html

Heterogeneous Impacts of Climate Change on Economic Growth in Emerging Seven Countries: A Novel Climate Change Index

Author

Listed:
  • Elif Duygu Kömürcüoğlu
  • Ömer Faruk Kömürcüoğlu
  • Umut Uzar

Abstract

Climate change stands out as a global threat, particularly to developing economies. This study aims to analyse the effects of climate change on economic growth specifically for the Emerging Seven (E7) countries over the period 1995–2021 using a novel Climate Change Index (CCI) that integrates causes and consequences. The CCI is constructed via principal component analysis from temperature and precipitation volatility and CO2 emissions. To account for the heterogeneity, the Method of Moments Quantile Regression (MMQR) is used, and the robustness of the findings is tested using the Driscoll–Kraay estimator. Gross Capital Formation, Labour Force and Financial Development Index are included in the model as control variables. Empirical findings indicate that higher CCI values significantly depress GDP growth, whereas all control variables are growth‐enhancing. The results highlight the necessity of developing climate‐resilient sustainable growth strategies in the E7 countries.

Suggested Citation

  • Elif Duygu Kömürcüoğlu & Ömer Faruk Kömürcüoğlu & Umut Uzar, 2026. "Heterogeneous Impacts of Climate Change on Economic Growth in Emerging Seven Countries: A Novel Climate Change Index," Sustainable Development, John Wiley & Sons, Ltd., vol. 34(2), pages 1517-1532, April.
    • Handle: RePEc:wly:sustdv:v:34:y:2026:i:2:p:1517-1532
    DOI: 10.1002/sd.70392
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/sd.70392
    Download Restriction: no
    File URL: https://libkey.io/10.1002/sd.70392?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
    ---><---

    More about this item

    Statistics

    Access and download statistics

    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:wly:sustdv:v:34:y:2026:i:2:p:1517-1532. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-1719 .

    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.