globalchange  > 过去全球变化的重建
DOI: 10.1007/s10640-018-0262-8
WOS记录号: WOS:000466891400013
论文题名:
Weather, Climate and Total Factor Productivity
作者: Letta, Marco1; Tol, Richard S. J.2,3,4,5
通讯作者: Letta, Marco
刊名: ENVIRONMENTAL & RESOURCE ECONOMICS
ISSN: 0924-6460
EISSN: 1573-1502
出版年: 2019
卷: 73, 期:1, 页码:283-305
语种: 英语
英文关键词: Weather variability ; Climate change ; Total factor productivity ; Economic growth ; O44 ; O47 ; Q54
WOS关键词: UNIT ROOTS ; ECONOMICS ; TEMPERATURE ; GROWTH ; IMPACTS ; GEOGRAPHY ; PANEL ; RISK
WOS学科分类: Economics ; Environmental Studies
WOS研究方向: Business & Economics ; Environmental Sciences & Ecology
英文摘要:

Recently it has been hypothesized that climate change will affect total factor productivity growth. Given the importance of TFP for long-run economic growth, if true this would entail a substantial upward revision of current impact estimates. Using macro TFP data from a recently developed dataset in the Penn World Table, we test this hypothesis by directly examining the nature of the relationship between annual temperature shocks and TFP growth rates in the period 1960-2006. The results show a negative relationship only exists in poor countries, where a 1 degrees C annual increase in temperature decreases TFP growth rates by about 1.1-1.8 percentage points, whereas the impact is indistinguishable from zero in rich countries. Extrapolating from weather to climate, the possibility of dynamic effects of climate change in poor countries increases concerns over the distributional issues of future impacts and, from a policy perspective, restates the case for complementarity between climate policy and poverty reduction.


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资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/137662
Appears in Collections:过去全球变化的重建

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作者单位: 1.Sapienza Univ Roma, Rome, Italy
2.Univ Sussex, Falmer, England
3.Vrije Univ Amsterdam, Amsterdam, Netherlands
4.Tinbergen Inst, Amsterdam, Netherlands
5.CESifo, Munich, Germany

Recommended Citation:
Letta, Marco,Tol, Richard S. J.. Weather, Climate and Total Factor Productivity[J]. ENVIRONMENTAL & RESOURCE ECONOMICS,2019-01-01,73(1):283-305
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