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来源类型Working Paper
规范类型报告
DOI10.3386/w27297
来源IDWorking Paper 27297
The Food Problem and the Aggregate Productivity Consequences of Climate Change
Ishan B. Nath
发表日期2020-06-08
出版年2020
语种英语
摘要This paper integrates local temperature treatment effects and a quantitative macroeconomic model to evaluate the impact of climate change on sectoral reallocation and aggregate productivity. First, I use firm-level data from a wide range of countries to estimate the effect of temperature on productivity in manufacturing and services. Estimates suggest that extreme heat reduces non-agricultural productivity, but less so than in agriculture, implying that hot countries could adapt to climate change by importing food and shifting labor toward manufacturing. Second, I embed my estimates in an open-economy model of structural transformation covering 158 countries to investigate this possibility. Simulations suggest that subsistence food requirements drive agricultural specialization more than comparative advantage, however, such that climate change perversely pulls labor into agriculture where its productivity suffers most and reallocation exacerbates the global decline in GDP. The productivity effects of climate change reduce welfare by 1.5-2.7% overall and 6-10% for the poorest quartile. Trade reduces the welfare costs of climate change by only 7.4% under existing policy, but by 31% overall and 68% for the global poor in a counterfactual scenario that assigns all countries the 90th percentile level of trade openness.
主题Development and Growth ; Development ; Environmental and Resource Economics ; Agriculture ; Environment ; Regional and Urban Economics ; Regional Economics
URLhttps://www.nber.org/papers/w27297
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/584969
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GB/T 7714
Ishan B. Nath. The Food Problem and the Aggregate Productivity Consequences of Climate Change. 2020.
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