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来源类型Working Paper
规范类型报告
DOI10.3386/w23991
来源IDWorking Paper 23991
Temperature Effects on Productivity and Factor Reallocation: Evidence from a Half Million Chinese Manufacturing Plants
Peng Zhang; Olivier Deschenes; Kyle C. Meng; Junjie Zhang
发表日期2017-11-06
出版年2017
语种英语
摘要This paper uses detailed production data from a half million Chinese manufacturing plants over 1998-2007 to estimate the effects of temperature on firm-level total factor productivity (TFP), factor inputs, and output. We detect an inverted U-shaped relationship between temperature and TFP and show that it primarily drives the temperature-output effect. Both labor- and capital- intensive firms exhibit sensitivity to high temperatures. By mid 21st century, if no additional adaptation were to occur, we project that climate change will reduce Chinese manufacturing output annually by 12%, equivalent to a loss of $39.5 billion in 2007 dollars. This implies substantial local and global economic consequences as the Chinese manufacturing sector produces 32% of national GDP and supplies 12% of global exports.
主题Industrial Organization ; Industry Studies ; Development and Growth ; Development ; Growth and Productivity ; Environmental and Resource Economics ; Environment
URLhttps://www.nber.org/papers/w23991
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/581665
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GB/T 7714
Peng Zhang,Olivier Deschenes,Kyle C. Meng,et al. Temperature Effects on Productivity and Factor Reallocation: Evidence from a Half Million Chinese Manufacturing Plants. 2017.
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