Engenharia e Gestão Industrial

Impact of Climate Change on Agriculture and Indian Economy: A Quantitative Research Perspective from 1980 to 2016

Abstract

Uvesh Husain and Sarfaraz Javed

This study examines effect of climatic change on Indian economy from 1980-2016 and made use of quantitative
research design and secondary on climate change variables, GDP and population of India from 1980-2016. The data
was gotten from World bank data base and data.gov.in. E-views 9.0 and SPSS 22.0 was used for data analysis and
statistical methods such as Multiple Regression Analysis and Pearson Correlation was tested to examine the influence
of climate variables on economic growth of India. The finding of the study shows that climatic change variables (rainfall
and temperature) with population jointly influenced economic growth of India while independently, rainfall and population
influenced economic growth of India and temperature was not significant. Also, a significant positive relationship within
population and GDP was recorded and a negative correlation between temperature was also recorded. It was concluded
in this study that climatic change has significant effect on economic growth of India, since substantial increase in
temperature and rainfall could help in agricultural production which may in turn contribute to economic growth.