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Michael Batu and Zichun Zhao
''The Sun's wrath: economic effects of sunspot volatility''
( 2021, Vol. 41 No.1 )
We provide empirical evidence on the negative relationship between sunspot volatility and GDP in OECD countries. Among the different sectors, we find that the information and communication sector is the most adversely affected by space weather.
Keywords: Solar activity, economic costs, disasters
JEL: A1 - General Economics: General
E1 - General Aggregative Models: General
Manuscript Received : Apr 29 2020 Manuscript Accepted : Mar 10 2021

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