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

Author/Editor:

Rodrigo Garcia-Verdu ; Alexis Meyer-Cirkel ; Akira Sasahara ; Hans Weisfeld

Publication Date:

February 4, 2019

Electronic Access:

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Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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.

Series:

Working Paper No. 19/26

Subject:

English

Publication Date:

February 4, 2019

ISBN/ISSN:

9781484393826/1018-5941

Stock No:

WPIEA2019026

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

50

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