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DOI10.1007/s10584-019-02515-5
Temperature and production efficiency growth: empirical evidence
Kumar S.; Khanna M.
发表日期2019
ISSN0165-0009
起始页码209
结束页码229
卷号156期号:2020-01-02
英文摘要This paper examines the marginal effects of temperature on the growth rate and variability in growth rate of total factor productivity (TFP) of a country, as measured by its production efficiency relative to a stochastic frontier. Using panel data for 168 countries for the period 1950–2014 to estimate a one-step stochastic frontier function, we find that temperature has a concave relationship with the growth rate of production efficiency and with the variability in this growth rate. We observe that hotter than the average temperature is not only detrimental to production efficiency growth but also makes the growth less stable than otherwise, and these effects are larger in very hot countries with average annual temperature greater than 25 °C. More importantly, we observe that the detrimental marginal effects of higher temperature depend on the level of economic development of a country; they are larger for poor countries relative to rich countries. Our findings have implications for the specification of climate damage functions in integrated assessment models and estimates of country-specific social cost of carbon. © 2019, Springer Nature B.V.
英文关键词Non-linear effects; Production efficiency growth; Stochastic frontier analysis (SFA); Temperature
语种英语
scopus关键词Climate models; Damage detection; Developing countries; Efficiency; Plants (botany); Stochastic systems; Telecommunication industry; Economic development; Integrated assessment models; Nonlinear effect; Production efficiency; Social cost of carbon; Stochastic frontier analysis; Stochastic frontier functions; Total factor productivity; Temperature; economic development; empirical analysis; factor productivity; growth rate; high temperature; nonlinearity; panel data; total factor productivity
来源期刊Climatic Change
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/147404
作者单位Department of Economics, Delhi School of Economics, University of Delhi, Delhi, 110007, India; Department of Agricultural and Consumer Economics, University of Illinois, Urbana-Champaign, 1301, W. Gregory Drive, Urbana, IL 61801, United States
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Kumar S.,Khanna M.. Temperature and production efficiency growth: empirical evidence[J],2019,156(2020-01-02).
APA Kumar S.,&Khanna M..(2019).Temperature and production efficiency growth: empirical evidence.Climatic Change,156(2020-01-02).
MLA Kumar S.,et al."Temperature and production efficiency growth: empirical evidence".Climatic Change 156.2020-01-02(2019).
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