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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23991 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w23991 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581665 |
推荐引用方式 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. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w23991.pdf(2317KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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