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Importing Inputs for Climate Change Mitigation: The Case of Agricultural Productivity
Author:
Mr. Rodrigo Garcia-Verdu
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,
Alexis Meyer-Cirkel
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,
Akira Sasaharanull

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, and
Hans Weisfeld
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Series:
IMF Working Papers
Volume/Issue:
Volume 2019: Issue 026
Language:
English
Publication Date:
04 Feb 2019
DOI:
https://doi.org/10.5089/9781484393826.001
ISBN:
9781484393826
ISSN:
1018-5941
Pages:
50
Keywords:
WP; growth rate; dummy variable; simple average; Agricultural Productivity; TFP; Imported Inputs; Weather Shocks; Climate Change Mitigation; LICs; TFP level; TFP growth rate; agricultural TFP; productivity measure TFP; rainfalls increase TFP; Total factor productivity; Agricultural sector; Personal income; Agricultural production; Global
Legal-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.
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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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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund
Volume 2019: Issue 026