Analyse the impact of temperature, precipitation on income levels and more important, on income growth

Need to use the excel document provided, and when submitted need to include any excel calculations and the actual excel document needs to be provided. All calculations and use of excel need to be put in the appendix of the report.

FOLLOW the assignment instructions and answer all questions from the file I provided called ‘Individual assignment instructions’. NEEDS to be answered in the form of a business report. Problem Description:

The role of temperature in economic development has been an important question. It is often documented that hot countries (or countries closer to equator) tend to be poor. In recent decades, with the warming at a global scale, scientists and policy makers are increasingly concerned about the economic consequence of warmer and drier weather.

In this assignment, you are given historical data on temperature, precipitation, and economic outcomes for a sample of 106 countries. You are required to analyse the impact of temperature, precipitation on income levels (measured by per capita GDP in natural logarithm), and more important, on income growth (measured by annual growth of per capita GDP).

Analyse the impact of temperature, precipitation on income levels and more important, on income growth
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