Current Climate Variability and Future Climate Change: Estimated Growth and Poverty Impacts for Zambia

Economy-wide and hydrological-crop models are combined to assess the economic impacts of historical climate variability and future anthropogenic climate change in Zambia. Accounting for uncertainty, results indicate that, on average, current variability reduces gross domestic product by 4% over a 10-year period and pulls 2% of the population below the poverty line. Socioeconomic impacts are much larger during major drought years, thus underscoring the importance of extreme weather events in determining climate damages. Read more"

James Thurlow Tingju Zhu Xinshen Diao
Review of Development Economics