BANGLADESH INSTITUTE OF INTERNATIONAL AND STRATEGIC STUDIES

CLIMATE CHANGE AND ECONOMIC GROWTH: EVIDENCE FROM BANGLADESH

Author: Dilruba Yasmin Chowdhury

DOI Link: https://www.doi.org/BIISSj2017v38n1a1

ABSTRACT

Bangladesh is widely recognised as one of the most climate-vulnerable countries in the world. Every year the country is exposed to a number of slow and rapid onset disasters that emanate from climate change. Even though some sporadic studies try to estimate the various economic effects of climatic events in Bangladesh, there is a lack of econometric analysis on the linkage between climatic variables and economic growth using its long-term time series data. Given this context, the paper tries to examine the effects of climate change on economic growth of the country using Autoregressive Distributed Lag model for the period 1981-2015. The empirical results reveal that lagged effects of greenhouse gas emission, increased temperature and rainfall have negative with statistically significant effects on the economic growth of Bangladesh.