Do wildfires have a causal effect on economic development? Using satellite data, I analyze every country's exposure to wildfire exposure from 1982-2018. I use synthetic controls to model the impact of wildfire exposure on GDP per capita having controlled for population density, trade, agriculture, Foreign Direct Investment (FDI), and polity score. I find that the impacts of wildfires are fairly localized, impacting parts of Africa that both experience high numbers of wildfires and are developing.
"Up in Smoke: Wildfires and Economic Growth,"
Gettysburg Economic Review: Vol. 12, Article 3.
Available at: https://cupola.gettysburg.edu/ger/vol12/iss1/3