Is cool weather an underrated factor in economic growth ? With the exception of city/states like singapore gdp per capita seems to be higher in cooler areas. If this factor has any credence will it affect your optimism about India ?
There are papers on this which I haven’t read, I would consult those most of all. India will spend a lot on A/C. Texas is doing pretty well, as is Phoenix, so I am not worried so much about heat per se.
Is cool weather an underrated factor in economic growth ? With the exception of city/states like singapore gdp per capita seems to be higher in cooler areas. If this factor has any credence will it affect your optimism about India ?
There are papers on this which I haven’t read, I would consult those most of all. India will spend a lot on A/C. Texas is doing pretty well, as is Phoenix, so I am not worried so much about heat per se.