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Is There A Path For Green Growth? Evidence From India, Thuc Anh Thi Trinh
Is There A Path For Green Growth? Evidence From India, Thuc Anh Thi Trinh
Gettysburg Economic Review
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.