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DOI | 10.1007/s10584-019-02515-5 |
Temperature and production efficiency growth: empirical evidence | |
Kumar S.; Khanna M. | |
发表日期 | 2019 |
ISSN | 0165-0009 |
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
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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 |
推荐引用方式 GB/T 7714 | 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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