Carbon sensitive productivity, climate and institutions

Surender Kumar and Shunsuke Managi

No SDES-2014-15, Working Papers from Kochi University of Technology, School of Economics and Management

Abstract: Climate and institutions might be crucial in lowering the vagaries of climate change impacts in terms of productivity. This study measures the relationships of productivity measures adjusted for the regulation of carbon emission and institutions together with climate change throughout the world. This paper finds there is higher potential for reduction of CO2 emissions in developing countries at lower cost. However, the cost to reduce emissions lowers their growth potential in terms of lost productivity growth. Better institutions help to lower the negative impacts of climate change by improving the process of technological adoption in developing countries. Climate change reduces the productivity growth in developing countries by lowering the process of technological adoption, and better institutions result in higher productivity.

Keywords: Carbon Sensitive Productivity; Climate; Institutions; Efficiency (search for similar items in EconPapers)
JEL-codes: C61 D24 O12 P24 Q25 Q32 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2014-11, Revised 2014-11
New Economics Papers: this item is included in nep-dev, nep-eff and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in SDE Series, November 2014, pages 1-39

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http://www.souken.kochi-tech.ac.jp/seido/wp/SDES-2014-15.pdf First version, 2014 (application/pdf)

Related works:
Journal Article: Carbon-sensitive productivity, climate and institutions (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:kch:wpaper:sdes-2014-15

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