TY  - JOUR
A1  - Kotz, Maximilian
A1  - Levermann, Anders
A1  - Wenz, Leonie
T1  - The effect of rainfall changes on economic production
T2  - Nature : the international journal of science
N2  - Macro-economic assessments of climate impacts lack an analysis of the distribution of daily rainfall, which can resolve both complex societal impact channels and anthropogenically forced changes(1-6). Here, using a global panel of subnational economic output for 1,554 regions worldwide over the past 40 years, we show that economic growth rates are reduced by increases in the number of wet days and in extreme daily rainfall, in addition to responding nonlinearly to the total annual and to the standardized monthly deviations of rainfall. Furthermore, high-income nations and the services and manufacturing sectors are most strongly hindered by both measures of daily rainfall, complementing previous work that emphasized the beneficial effects of additional total annual rainfall in low-income, agriculturally dependent economies(4,7). By assessing the distribution of rainfall at multiple timescales and the effects on different sectors, we uncover channels through which climatic conditions can affect the economy. These results suggest that anthropogenic intensification of daily rainfall extremes(8-10) will have negative global economic consequences that require further assessment by those who wish to evaluate the costs of anthropogenic climate change.
Y1  - 2022
UR  - https://publishup.uni-potsdam.de/frontdoor/index/index/docId/62964
SN  - 0028-0836
SN  - 1476-4687
VL  - 601
IS  - 7892
SP  - 223
EP  - 227
PB  - Macmillan Publishers Limited, part of Springer Nature
CY  - London
ER  -