Changement climatique et viabilité budgétaire en Afrique subsaharienne

Patrick Imam () and Kangni Kpodar

Revue d’économie du développement, 2022, vol. 32, issue 4, 89-124

Abstract: Against the backdrop of high exposure and vulnerability to climate change, this paper examines how climate change, measured by the occurrence of natural disasters, affects fiscal outturns in a sample of 45 sub-Saharan African countries during the period 2000-2019. Looking at various indicators of fiscal outturns?government revenue, expenditure, budget balance, and total public debt?our priors are largely supported by the fixed-effect estimations and local projections. Climate shocks lead to lower revenues, have a limited impact on expenditure, but worsen the budget deficit and total public debt. Nonetheless, the transmission of natural disaster shocks to fiscal outturns appears to be confined within the first year after the occurrence of the natural disaster. Codes JEL : Q54, N27, H61.

Keywords: Sub-Saharan Africa; budget; natural disaster; climate change (search for similar items in EconPapers)
JEL-codes: H61 N27 Q54 (search for similar items in EconPapers)
Date: 2022
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