The Impact of Climate Change and Natural Disasters on Pakistan's GDP Growth
An ARDL Analysis
Bibliographic Data
| ID | 21641509 |
|---|---|
| Authors | Shengwen Wu (Harbin University), WU Sheng-wen (Harbin University), Xuefeng Liu (0000-0003-2705-8731, Harbin University), Asma Muhammad Ali (Department of Economics, Institute of Southern Punjab, Multan, Pakistan), Abdul Ghafoor Awan (0000-0001-5767-6229, Faculty of Management Sciences, Institute of Southern Punjab, Multan, Pakistan, corresponding author) |
| Year | 2024 |
| Volume | 33 |
| Issue | 4 |
| Pages | 613-639 |
| Publication date | 2024-12-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Environment & Development (JOURNAL) |
| Journal identifiers | ISSN: 1070-4965 • E-ISSN: 1552-5465 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/10704965241251664 |
| OpenAlex | W4398782847 |
| Language | EN |
| Citations received | 3 |
| References cited | 41 |
The main objective of this study is to determine the impact of climate change and natural disasters on GDP growth rate. In order to examine long run association between climate change, natural disasters and GDP, an Auto Regressive Distributed Lag (ARDL) model and correlation matrix were employed, using 20 years data spanning from 2001 to 2021. The focus of the study was to investigate into how CO 2 emission causes climate change and climate change, in turn, causes natural disasters and, in turn, natural disasters cause human and crop losses as well as high inflation. The empirical evidence reveals that climate change, CO 2 emissions and natural disasters have negative association with GDP because natural disasters in the shape of earthquakes, heavy rains, and floods cause huge human and crop losses, have negative impact on GDP. The variables, agriculture production and employment, have positive and significant association with GDP growth because increase in agriculture production and employment will definitely have significant and positive impact on GDP growth in the long run. The study suggests to build resilient technologies to cope with climate change, control CO 2 emissions and inflation as these three variables have negative impact on GDP growth in the long run. This study significantly contributes by highlighting the link between climate change and natural disasters and their consequential negative impact on GDP growth
Climate change · Development economics · Economics · Geography · Meteorology · Natural disaster · Natural resource economics · Agricultural risk and resilience · Climate change impacts on agriculture · Disaster Management and Resilience · Geology · Oceanography
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| Citations per year | 3 |
|---|---|
| Citation span | 2025 - 2026 (2) |
| Highly cited | No |