Temperature shocks, short-term growth and poverty thresholds
| Autor: | Marco Letta, Richard S.J. Tol, Pierluigi Montalbano |
|---|---|
| Přispěvatelé: | Spatial Economics, Environmental Economics, Tinbergen Institute |
| Jazyk: | angličtina |
| Rok vydání: | 2018 |
| Předmět: |
Economics and Econometrics
Sociology and Political Science Geography Planning and Development Weather shocks Climate change Development Effects of global warming 0502 economics and business Economics SDG 13 - Climate Action Rural development 050207 economics SDG 2 - Zero Hunger Productivity Consumption (economics) biology Poverty business.industry 05 social sciences Yield gap Household consumption growth biology.organism_classification Tanzania Agriculture Demographic economics 050202 agricultural economics & policy business |
| Zdroj: | World Development, 112, 13-32. Elsevier BV Letta, M, Montalbano, P & Tol, R S J 2018, ' Temperature shocks, short-term growth and poverty thresholds : Evidence from rural Tanzania ', World Development, vol. 112, pp. 13-32 . https://doi.org/10.1016/j.worlddev.2018.07.013 |
| ISSN: | 0305-750X |
| DOI: | 10.1016/j.worlddev.2018.07.013 |
| Popis: | Using the LSMS-ISA Tanzania National Panel Survey by the World Bank, we study the relationship between rural household consumption growth and temperature shocks over the period 2008–2013. Temperature shocks have a negative and significant impact on household growth if their initial consumption lies below a critical threshold. As such, temperature shocks slow income convergence among households, at least in the short run. Crop yields and total factor productivity in agriculture are the main transmission channels. Extrapolating from short-term elasticities to long-run phenomena, these findings support the Schelling Conjecture: economic development would help poor farming households to reduce the impacts of climate change. Hence, closing the yield gap, modernizing agriculture and favouring the structural transformation of the economy are all crucial issues for adaptation of farmers to the negative effects of global warming. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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