IMPACT OF CARBON DIOXIDE EMISSIONS ON ECONOMIC GROWTH AMONG DIFFERENT REGIONS OF WORLD

Global climate change is a change in the long-term weather patterns that characterize the regions of the world. In the long run, the climatic change could affect agriculture in several ways such as quantity and quality of crops in terms of productivity and growth rate. This study investigates the impact of climate change, cereal production and economic growth in East Asia & Pacific, Latin America & Caribbean, Europe & Central Asia and Sub-Saharan Africa. The study employed the variables are carbon dioxide emissions, cereal production and GDP growth rate. The results show that climate change and economic growth is positively related East Asia & Pacific and Europe & Central Asia, while economic growth and climate change are negatively related in case of Latin America & Caribbean and Sub-Saharan Africa. There is need to overcome the problem of climate change in the form of carbon dioxide emissions both in Latin America & Caribbean and Sub-Saharan Africa.