ERF 27th Annual Conference

Long-term Macroeconomic Effects of Climate Change: Evidence from the MENA Region

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No.

ERF27_115

Publisher

ERF

Date

May, 2021

Topic

C3. Multiple or Simultaneous Equation Models

Q5. Environmental Economics

O4. Economic Growth and Aggregate Productivity

Abstract
Author(s)

This paper focuses on the effect occurring between economic growth and climate change in the Middle East and North Africa (MENA) region. To quantify climate change, we use temperature and precipitation deviations from their historical trends. Several model specifications have been estimated in order to supplement existing attempts to integrate climate change in economic modelling. It has been found that the climate change characterized by temperature and precipitation are impeding to growth.