MADE Winter 2023/24 Projects: Analyzing the Correlation Between Temperature Changes and Food Price Inflation in Selected African Countries
This project is one of the MADE Winter 2023/24 Projects implemented by our students. We run these projects every semester, please be in touch if you are interested in participating!
Author: Felix Berger
Project Description: In a world that is rapidly changing, understanding the complex interactions between climate changes and economic factors is crucial. My data science project takes on this challenge by exploring the relationships between temperature changes and food price inflation. This project aims to develop insights that could assist policymakers in mitigating the negative impacts of climate change on food security. I will be examining how temperature and food prices inflation have evolved over the years, both in a regional African overview and in individual African countries. One of my key focus areas is the correlation between temperature changes and food price inflation globally, and then breaking it down for each country separately. In particular, I have chosen to concentrate on 25 African countries due to their unique vulnerability to climate change. This focus is motivated by the need to understand regional variations in these correlations and provide targeted recommendations for these nations. In this report, I explore the following key topics: – How Have Temperature Changes and Food Price Inflation Varied Over the Years? – How Are Temperature Changes Correlated with Food Price Inflation? – An Analysis of the Correlation Between Temperature Change and Food Price Inflation in Individual Countries
Further Project Details:
- Report: https://github.com/Zylesto/made-template/blob/main/project/report.ipynb
- Slides: https://github.com/Zylesto/made-template/blob/main/project/slides.pdf
- Repository: https://github.com/Zylesto/made-template
Reference: Felix Berger. Analyzing the Correlation Between Temperature Changes and Food Price Inflation in Selected African Countries. MADE WS 2023/24. Friedrich-Alexander-Universität Erlangen-Nürnberg: 2024.