This paper uses historical temperature fluctuations in India to identify its effects on economic growth rates. Using a climate-adjusted form of the Solow growth model, I find that one degree Celsius increase in temperature decreases GDP per capita growth by 0.71%. This finding informs debates over the role of climate on economic development and suggests the possibility of a green path for economic growth, a policy agenda that is both sustainable and pro-growth.
Trinh, Thuc Anh Thi
"Is There a Path for Green Growth? Evidence from India,"
Gettysburg Economic Review: Vol. 10
, Article 5.
Available at: http://cupola.gettysburg.edu/ger/vol10/iss1/5