Importing Inputs for Climate Change Mitigation : The Case of Agricultural Productivity /

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 i...

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Bibliographic Details
Main Author: Garcia-Verdu, Rodrigo
Other Authors: Meyer-Cirkel, Alexis, Sasahara, Akira, Weisfeld, Hans
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/026
Online Access:Full text available on IMF
Description
Summary: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.
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Physical Description:1 online resource (50 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Access:Electronic access restricted to authorized BRAC University faculty, staff and students