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

By Rodrigo Garcia-Verdu, Alexis Meyer-Cirkel, Akira Sasahara, Hans Weisfeld

February 4, 2019

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Format: Chicago

Rodrigo Garcia-Verdu, Alexis Meyer-Cirkel, Akira Sasahara, and Hans Weisfeld. Importing Inputs for Climate Change Mitigation: The Case of Agricultural Productivity, (USA: International Monetary Fund, 2019) accessed September 18, 2024

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.

Subject: Agricultural production, Agricultural sector, Economic sectors, Labor, National accounts, Personal income, Production, Total factor productivity

Keywords: Agricultural production, Agricultural Productivity, Agricultural sector, Agricultural TFP, Climate Change Mitigation, Dummy variable, Global, Growth rate, Imported Inputs, LICs, Personal income, Productivity measure TFP, Rainfalls increase TFP, Simple average, TFP, TFP growth rate, TFP level, Total factor productivity, Weather Shocks, WP

Publication Details

Pages:

50
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2019/026
Stock No:

WPIEA2019026
ISBN:

9781484393826
ISSN:

1018-5941

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