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Area Studies (Asian)

Unveiling the interplay between climate variability and economic growth in India: an auto regressive distributed lag (ARDL) framework

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Article: 2352507 | Received 03 Nov 2023, Accepted 25 Apr 2024, Published online: 15 May 2024

Figures & data

Figure 1. Smart Art Chart for reviews regarding determinants for economic growth of an economy.

Figure 1. Smart Art Chart for reviews regarding determinants for economic growth of an economy.

Figure 2. Graphical abstract of ARDL methodology.

Figure 2. Graphical abstract of ARDL methodology.

Table 1. Climate variability in India.

Table 2. Results of ADF and PP unit root tests for selected variables (probability values).

Table 3. Results of VAR lag order selection criteria.

Table 4. ARDL model for determinants of real GNP.

Table 5. Short run relation between Real GNP and its determinants – Wald test (ARDL(4, 3, 4, 4, 1, 4, 4)).

Table 6. ARDL bound test results.

Table 7. ECM-long run test.

Figure 3. Normality test of ARDL model.

Figure 3. Normality test of ARDL model.

Figure 4. CUSUM test.

Figure 4. CUSUM test.

Figure 5. CUSUMSQ test.

Figure 5. CUSUMSQ test.

Table 8. Results of diagnostic tests.

Table 9. ARDL-Granger causality test.

Data availability statement

Data Available upon Request