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Luận văn thạc sĩ UEH the effect of climate fluctuation on output in developing countries
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Mô tả chi tiết
UNIVERSITY OF ECONOMICS
HO CHI MINH CITY
VIET NAM
INSTITUTE OF SOCIAL STUDIES
THE HAGUE
THE NETHERLANDS
VIET NAM – THE NETHERLANDS PROGRAMME FOR MASTER IN
DEVELOPMENT ECONOMICS
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THE EFFECT OF CLIMATE
FLUCTUATION ON OUTPUT IN
DEVELOPING COUNTRIES
By
NGO KHANH LIEN HUONG
(VIETNAM)
Academic supervisor
Dr. PHAM KHANH NAM
This paper was submitted in partial fulfillment of the requirements
for Master’s degree in Development Economics
Ho Chi Minh City, July 2012
LUAN VAN CHAT LUONG download : add [email protected]
UNIVERSITY OF ECONOMICS
HO CHI MINH CITY
VIET NAM
INSTITUTE OF SOCIAL STUDIES
THE HAGUE
THE NETHERLANDS
VIET NAM – THE NETHERLANDS PROGRAMME FOR MASTER IN
DEVELOPMENT ECONOMICS
-------------------------------------------
THE EFFECT OF CLIMATE
FLUCTUATION ON OUTPUT IN
DEVELOPING COUNTRIES
By
NGO KHANH LIEN HUONG
(VIETNAM)
Academic supervisor
Dr. PHAM KHANH NAM
This paper was submitted in partial fulfillment of the requirements
for Master’s degree in Development Economics
Ho Chi Minh City, July 2012
LUAN VAN CHAT LUONG download : add [email protected]
ACKNOWLEDGEMENTS
This paper has could not be started and completed without the help of several
individuals who supported me directly and indirectly. First of all, I appreciate my
supervisor Dr. Pham Khanh Nam so much for his enthusiastic assistance. He has not only
given me genuine intellectual guidance in academy but also encouraged me a lot through
the analysis process. It is so hard for me to complete this research without his profound
advice. Thus, I am very grateful to him. I am also thankful to Dr. Nguyen Trong Hoai for
sharing his knowledge and practice experiences in researching which are very useful for
this study. I also thank all my classmates in class MDE17 for sharing their advantage
discussions on econometric techniques, especially Nguyen Thi Thuy Thanh. Last but not
least, I would like to thank my parents, and all my other family members for their
concern and invaluable moral support.
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ABSTRACT
Climate change is one of the critical problems in recent years on over the world. It
impacts on many aspects of human life, that has a lot of researches and evident. This
paper has analysis the effect of climate change on the aggregate output particularly with
two typical elements: temperature and precipitation in developing countries. Besides,
control variables proxy unobserved effects at country level and country fixed effects are
also counted in the relationship of temperature and precipitation with the country’s
output. The finding shows that both temperature and precipitation have significant
influence on the GDP of developing countries. It is specially that temperature affects the
GDP in U-shaped, while precipitation affects the GDP in hump-shaped. Moreover, this
paper also conducts the relationship of temperature and precipitation with the output by
two characteristics: “hot country” and “agricultural country”. The results are also
significant; however, the relationship share cannot be identified. Further, this research
suggests some adaptive recommendations for production to changing of climate.
Key word: climate change, output, panel data, developing countries.
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TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION……………………………………………………….1
1.1. Problem statement………………………………………………………………..1
1.2. Research Objective……………………………………………………………….4
1.3. Chapter summary………………………………………………………………...5
CHAPTER 2: LITERATURE REVIEW………………………………………………6
2.1. The theory……………………………………………………………………………6
2.2. Empirical studies………………………………………………………………...…7
2.3. Conceptual framework………………………………………………………...…17
2.4. Chapter summary……………………………………………………………...…19
CHAPTER 3: METHODOLOGY…………………………………………………….20
3.1. Econometric model…………..……………………………………………………20
3.2. Data……………………………………………………………………………..…24
3.3. Chapter summary……………………………………………………………...…27
CHAPTER 4: RESULT……………………………………………………………...…28
4.1. Descriptive statistics………………………………………………………………28
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