Productivity, institutions and climate change: Lessons for Asian countries

Surender Kumar, Shunsuke Managi

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Climate change is unequivocal and its vagaries in terms of economic impacts and costs of mitigating carbon emissions have made it an issue of central concern. The impacts of climate change and carbon emissions mitigation policy can be observed in terms of the productivity of factors of production. Though the link between temperature and productivity is talked about in the classic writings of Montesquieu (1750). Marshall (1890) and Huntington (1915), it is less discussed in the literature on the impacts of climate change (Dell et al., 2008). The objective of the present study is to measure a relationship between cumulative total factor productivity (TFP) and average temperature over the last three decades for 88 countries over a span of 15 years (1994-2008) and the role of institutions in lowering the climate change impacts on TFP.

Original languageEnglish
Title of host publicationThe Routledge Handbook of Environmental Economics in Asia
PublisherTaylor and Francis
Pages450-469
Number of pages20
ISBN (Electronic)9781317597872
ISBN (Print)9780415656450
DOIs
Publication statusPublished - Jan 1 2015
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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