The Sun’s Wrath: Economic Effects of Solar Activity

Michael Batu and Zichun Zhao ()
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Zichun Zhao: Department of Economics, University of Windsor

No 1903, Working Papers from University of Windsor, Department of Economics

Abstract: We provide empirical evidence on the negative relationship between intense solar activity and GDP in OECD countries. Among the different sectors, we find that the information and communication sector is the most adversely affected by space weather.

Keywords: Solar activity; economic costs; disasters (search for similar items in EconPapers)
JEL-codes: D24 O49 Q54 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2019-07
New Economics Papers: this item is included in nep-env and nep-ict
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http://web2.uwindsor.ca/economics/RePEc/wis/pdf/1903.pdf First version, 2019 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:wis:wpaper:1903

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