Climate Change and its effects on the Economy of the Latin American and Caribbean Region
Abstract
This research analyzes the impact of climate change on the GDP of the Latin American and Caribbean region. The analysis is done through a statistical model of multivariable regression considering the climatological variables of temperature, precipitation and forest area. Likewise, in order to evaluate the behavior of the model with respect to population growth, the total population indicator of the World Bank is included. To carry out the regression model, historical data between the years 2000 and 2020 were used. The results obtained allow us to conclude that there is a high correlation between the chosen climatological variables and the economic growth of the region.
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