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Extreme rainfall slows the global economy

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  • Xin-Zhong Liang

Abstract

Excessive rainfall can cause catastrophic socio-economic losses to a community or nation. An analysis of changes in gross regional product identifies ways in which extreme precipitation affects global economic productivity.

Suggested Citation

  • Xin-Zhong Liang, 2022. "Extreme rainfall slows the global economy," Nature, Nature, vol. 601(7892), pages 193-194, January.
  • Handle: RePEc:nat:nature:v:601:y:2022:i:7892:d:10.1038_d41586-021-03783-x
    DOI: 10.1038/d41586-021-03783-x
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    Cited by:

    1. Vittorio Serra & Antonio Ledda & Maria Grazia Gavina Ruiu & Giovanna Calia & Valentina Mereu & Valentina Bacciu & Serena Marras & Donatella Spano & Andrea De Montis, 2022. "Adaptation to Climate Change Across Local Policies: An Investigation in Six Italian Cities," Sustainability, MDPI, vol. 14(14), pages 1-16, July.
    2. Rodrigo Cuevas-Wizner & Antonio Ledda & Belén Martín & Emilio Ortega & Giovanna Calia & Andrea De Montis, 2024. "Mainstreaming Adaptation to Climate Changes: A Comparison between Sardinia, Italy and Valencia, Spain," Sustainability, MDPI, vol. 16(16), pages 1-26, August.
    3. Wu, Zhiyang & Zhou, Tao & Zhang, Ning & Choi, Yongrok & Kong, Fanbin, 2023. "A hidden risk in climate change: The effect of daily rainfall shocks on industrial activities," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 161-180.
    4. Chen, Sicen & Liu, Siyi & Zhang, Junsheng & Zhang, Pengdong, 2023. "The effect of extreme rainfall on corporate financing policies," Journal of Economic Behavior & Organization, Elsevier, vol. 216(C), pages 670-685.

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