Climate Change and Economic Sustainability: Empirical Evidence on the Dynamics of Adjusted Net Savings in Benin's Regions

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Auteurs principaux: Christian Duhamel Logozo, Vihoutou Médjikouê Marthe Kougblenou Menou
Format: Artículo Open Access
Publié: Wiley 2025
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author Christian Duhamel Logozo
Vihoutou Médjikouê Marthe Kougblenou Menou
author_facet Christian Duhamel Logozo
Vihoutou Médjikouê Marthe Kougblenou Menou
Christian Duhamel Logozo
Vihoutou Médjikouê Marthe Kougblenou Menou
collection Wiley Open Access
contents Climate Change and Economic Sustainability: Empirical Evidence on the Dynamics of Adjusted Net Savings in Benin's Regions Christian Duhamel Logozo Vihoutou Médjikouê Marthe Kougblenou Menou Climate Resilience and Sustainability ABSTRACT The economic sustainability of territories is a key issue in ensuring the well‐being of future generations. In accordance with the neoclassical theoretical approach, this article analyzes the dynamics of adjusted net savings (ANSs) in Benin's regions in the face of the effects of climate change. On the basis of data from the National Local Finance Commission covering the period 2010–2019, the estimates are based on a GMM‐system model and a quantile regression using the method of moments. The results reveal that a moderate positive variation in precipitation differences improves ANSs. However, this effect diminishes beyond a critical threshold of 110 mm for precipitation variations and 1290.867 mm for average precipitation, leading to a deterioration in ANSs of 10.80 points on average. On the other hand, global warming has no significant effect on this dynamic. These results show that extreme precipitation compromises the economic sustainability of Benin's regions. They highlight the need to set up a local hydrometeorological warning system based on critical intervention thresholds, as well as awareness campaigns for the preservation and rational use of natural resources. 10.1002/cli2.70026 http://creativecommons.org/licenses/by/4.0/
doi_str_mv 10.1002/cli2.70026
format Artículo Open Access
id wiley_oa_10_1002_cli2_70026
institution Wiley Open Access
license_str_mv http://creativecommons.org/licenses/by/4.0/
publishDate 2025
publisher Wiley
record_format wiley_oa
spellingShingle Climate Change and Economic Sustainability: Empirical Evidence on the Dynamics of Adjusted Net Savings in Benin's Regions
Christian Duhamel Logozo
Vihoutou Médjikouê Marthe Kougblenou Menou
Climate Resilience and Sustainability
Climate Change and Economic Sustainability: Empirical Evidence on the Dynamics of Adjusted Net Savings in Benin's Regions Christian Duhamel Logozo Vihoutou Médjikouê Marthe Kougblenou Menou Climate Resilience and Sustainability ABSTRACT The economic sustainability of territories is a key issue in ensuring the well‐being of future generations. In accordance with the neoclassical theoretical approach, this article analyzes the dynamics of adjusted net savings (ANSs) in Benin's regions in the face of the effects of climate change. On the basis of data from the National Local Finance Commission covering the period 2010–2019, the estimates are based on a GMM‐system model and a quantile regression using the method of moments. The results reveal that a moderate positive variation in precipitation differences improves ANSs. However, this effect diminishes beyond a critical threshold of 110 mm for precipitation variations and 1290.867 mm for average precipitation, leading to a deterioration in ANSs of 10.80 points on average. On the other hand, global warming has no significant effect on this dynamic. These results show that extreme precipitation compromises the economic sustainability of Benin's regions. They highlight the need to set up a local hydrometeorological warning system based on critical intervention thresholds, as well as awareness campaigns for the preservation and rational use of natural resources. 10.1002/cli2.70026 http://creativecommons.org/licenses/by/4.0/
title Climate Change and Economic Sustainability: Empirical Evidence on the Dynamics of Adjusted Net Savings in Benin's Regions
topic Climate Resilience and Sustainability
url https://rmets.onlinelibrary.wiley.com/doi/10.1002/cli2.70026