The economic impacts of temperature on industrial productivity: Evidence from Indian manufacturing

Arbeitspapier

We provide empirical evidence indicating that changes in surface temperatures may directly impact manufacturing output through their impact on worker productivity. We utilize a multi-year panel of manufacturing plants in India, as well as daily worker productivity measures from selected case-study units to show that (i) manufacturing output decreases at high temperatures by 1-3 percent per degree celsius; (ii) this reduction appears to be driven by declining worker productivity. Our results suggest that climate-economy models may underestimate the costs of climate change by neglecting to account for reduced worker productivity. The causal channel we identify could explain a portion of the strong negative correlation observed between temperature and GDP.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper ; No. 278

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Climate; Natural Disasters and Their Management; Global Warming ; Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
• Thema: temperature ; worker productivity ; industry ; climate change

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Sudarshan, Anant ; Tewari, Meenu
• Ereignis: Veröffentlichung
• (wer): Indian Council for Research on International Economic Relations (ICRIER)
• (wo): New Delhi
• (wann): 2014

Weitere Informationen

• Handle: http://hdl.handle.net/10419/176296
• Letzte Aktualisierung: 20.09.2024, 08:21 MESZ