Heat and Economics: Climate Change’s Influence on Madagascar’s GDP

Josué R. Andriaandy, Fitiavana M. Randriamifidy and Jovianah Andrianavony

MPRA Paper from University Library of Munich, Germany

Abstract: Employing a VAR model, this work delves into Madagascar’s economic dynamics, particularly its GDP growth, agricultural production, and land use, with a pronounced emphasis on the profound influence of temperature fluctuations. The results illuminate the intricate interplay between economic activities and climatic variations, emphasizing the susceptibility of the economy to temperature changes. This underscores the urgency of formulating adaptive strategies that mitigate the adverse effects of temperature fluctuations, enabling not only economic growth but also environmental sustainability a synergy crucial for Madagascar’s prosperous future.

Keywords: VAR model; Madagascar; GDP growth; agricultural production; land use; temperature fluctuations; economic dynamics; climate change; environmental sustainability (search for similar items in EconPapers)
JEL-codes: A1 E6 O1 (search for similar items in EconPapers)
Date: 2023
New Economics Papers: this item is included in nep-agr, nep-env and nep-gro
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:118582

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