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SUMMARY:Natural Resources\, regional economic activity and the impacts of 
 climate change: The Case of Maritime Fishery in Africa (by Stefan Borsky)
DTSTART:20161116T110000Z
DTEND:20161116T123000Z
DTSTAMP:20161102T113952Z
UID:presentation-21.series-5
DESCRIPTION:Maritime fisheries in African coastal regions play an importan
 t role as a driver of economic and social development. Africa is also a hi
 ghly fractionalized country and deeply-rooted ethnic institutions play a m
 ajor role on how natural resources are managed. This paper constructs a no
 vel panel dataset\, which combines information on fish production with reg
 ional variation in economic activity. We use satellite data on nighttime l
 ight intensity to analyze the impact of a climatic shock to fish productio
 n on subnational economic activity in 812 coastal regions from 31 African 
 countries for 1992 to 2007. We address endogeneity by instrumenting fish p
 roduction with yearly variation in sea-surface temperature. We find that a
  10 % increase in fish production leads to a 3 % increase in contemporary 
 regional economic activity. Further\, we present evidence of the importanc
 e of pre-colonial political centralization on a regions vulnerability to c
 ontemporary negative climatic shocks to fisheries. In particular\, we find
  that a decrease in regional economic activity due to a negative climatic 
 shock to fish production is mitigated by up to 80 % in societies with stro
 ng pre-colonial political centralization.
LOCATION:SR Wegener Center\, Brandhofgasse 5\, 1st floor
ORGANIZER;CN="Douglas Maraun";ROLE=CHAIR:MAILTO:douglas.maraun@uni-graz.at
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