Economic Growth and Climate Change: An Exploratory Country-Level Analytics Study

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Author(s): Wullianallur Raghupathi (Fordham University, USA)and Viju Raghupathi (Brooklyn College of City University of New York, USA)
Copyright: 2020
Pages: 18
Source title: Wealth Creation and Poverty Reduction: Breakthroughs in Research and Practice
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-7998-1207-4.ch024

Keywords: Business & Management / Economics & Economic Theory / Information Science Reference / Socio-Economic Development

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Abstract

In this article, the authors use analytics to explore the association between economic growth and climate change at a country-level. They examine different indicators to better understand the macro issues and guide policy decision-making. The authors analyze global economic growth and climate change using the World Bank data of 131 countries and 16 indicators for the period 2005 to 2010. The analysis shows overall economic growth is positively associated with climate change. This implies country leaders should design and implement structured development plans if they are to promote economic growth to alleviate poverty while simultaneously mitigating climate change.

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