IDEAS home Printed from https://ideas.repec.org/p/ris/adbewp/021476.html
   My bibliography  Save this paper

Impact of Economic and Climate Resilience on Sustainable Development: A Cross-Country Analysis

Author

Listed:
  • Md. Bokhtiar Hasan

    (Islamic University, Bangladesh)

  • Gazi Salah Uddin

    (Linköping University)

  • Donghyun Park

    (Asian Development Bank)

  • Md. Sumon Ali
  • John Beirne

    (Asian Development Bank)

Abstract

Economic and climate shocks inflict huge economic costs and undermine sustainable development (SD). This study is the first comprehensive attempt to empirically assess the influence of economic and climate resilience, which can mitigate those costs, on SD. Our analysis is based on a panel dataset of 31 countries from 2007 to 2021 and advanced econometric techniques, including panel-corrected standard errors, feasible generalized least squares, panel quantile regression, and local projections. We find that economic and climate resilience have significant effects on SD. Furthermore, dynamic analysis indicates that both types of resilience have persistent effects on SD and quantile analysis validates the robustness and consistency of our findings across different stages of development.

Suggested Citation

  • Md. Bokhtiar Hasan & Gazi Salah Uddin & Donghyun Park & Md. Sumon Ali & John Beirne, 2025. "Impact of Economic and Climate Resilience on Sustainable Development: A Cross-Country Analysis," ADB Economics Working Paper Series 795, Asian Development Bank.
    • Handle: RePEc:ris:adbewp:021476
    as

    Download full text from publisher

    File URL: https://www.adb.org/publications/impact-economic-climate-resilience
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

    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:ris:adbewp:021476. 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: Orlee Velarde (email available below). General contact details of provider: https://edirc.repec.org/data/eradbph.html .

    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.