Importing Inputs for Climate Change Mitigation: The Case of Agricultural Productivity
Garcia-Verdu, Rodrigo, Meyer-Cirkel, Alexis, Sasahara, Akira, Weisfeld, Han

This paper estimates agricultural total factor productivity (TFP) in 162 countries between 1991 and 2015 and aims to understand sources of cross-country variations in agricultural TFP levels and its growth rates. Two factors affecting agricultural TFP are analyzed in detail – imported intermediate inputs and climate. We first show that these two factors are independently important in explaining agricultural TFP – imported inputs raise agricultural TFP; and higher temperatures and rainfall shortages impede TFP growth, particularly in low-income countries (LICs). We also provide a new evidence that, within LICs, those with a higher import component of intermediate inputs seem to be more shielded from the negative impacts of weather shocks.

Издательство:

INTERNATIONAL MONETARY FUND

Год издания:

2019

ISBN:

978-1-4843-9382-6

ISBN:

978-1-4983-0083-4

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