EFFECT OF CLIMATE CHANGE ON ECONOMIC GROWTH OF INDIAN STATES

Abstract

Asia is one of the top most vulnerable regions to climate change on the planet and India being an Asian country is home to an extraordinary variety of climatic regions. With India being the second most populated country in the world, this phenomenon presents serious concerns for policymakers in the region given the increasing intensity of hotter temperatures every year. The present study analyses the impact of climate change on economic growth of 13 major states of India over a period of 23 years from 1980-81 to 2002-03 by incorporating temperature and precipitation as proxies for climate change.