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dc.titleAgricultural Productivity Growth in Latin America and the Caribbean and Other World Regions: An Analysis of Climatic Effects, Convergence and Catch-up
dc.contributor.authorLachaud, Michée Arnold
dc.contributor.authorBravo-Ureta, Boris E.
dc.contributor.authorLudeña, Carlos E.
dc.contributor.orgunitEnvironment, Rural Development Disaster Risk Management Division
dc.coverageTrinidad and Tobago
dc.coverageVenezuela
dc.coverageMexico
dc.coverageChile
dc.coverageEl Salvador
dc.coverageDominican Republic
dc.coverageArgentina
dc.coverageBarbados
dc.coverageBrazil
dc.coverageEcuador
dc.coverageBahamas
dc.coverageNicaragua
dc.coverageBolivia
dc.coverageHaiti
dc.coveragePanama
dc.coverageGuyana
dc.coveragePeru
dc.coverageColombia
dc.coverageGuatemala
dc.coverageHonduras
dc.coverageJamaica
dc.coverageUruguay
dc.coverageBelize
dc.coverageParaguay
dc.coverageSuriname
dc.coverageCosta Rica
dc.date.available2015-09-18T00:00:00
dc.date.issue2015-09-14T00:00:00
dc.description.abstractThis study estimates Climate Adjusted Total Factor Productivity (CATFP) for agriculture in Latin America and Caribbean (LAC) countries, while also providing comparisons with several regions of the world. Climatic variability is introduced in Stochastic Production Frontier (SPF) models by including average annual maximum temperature, precipitation and its monthly intra-year standard deviations, and the number of rainy days. Climatic conditions have a negative impact on production becoming stronger at the end of the 2000s compared to earlier periods. An Error Correction Model is applied to investigate catch-up and convergence across LAC countries. Argentina defines the frontier in LAC and TFP convergence is found across all South American countries, Costa Rica, Mexico, Barbados and The Bahamas. Using IPCC 2014 scenarios, the study shows that climatic variability induces significant reductions in productivity (2.3% to 10.7%), over the 2013-2040 period. Estimated output losses due to climatic variability range from 9% to 20% in the LAC region depending on the scenario considered.
dc.format.extent61
dc.identifier.doihttps://doi.org/10.18235/0000142
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Agricultural-Productivity-Growth-in-Latin-America-and-the-Caribbean-and-Other-World-Regions-An-Analysis-of-Climatic-Effects-Convergence-and-Catch-up.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectAgricultural Policies
dc.subjectAgricultural Technologies
dc.subjectAgricultural Productivity
dc.subjectClimate Change
dc.subject.jelcodeD24 - Production • Cost • Capital • Capital, Total Factor, and Multifactor Productivity • Capacity
dc.subject.jelcodeE27 - Forecasting and Simulation: Models and Applications
dc.subject.jelcodeO47 - Empirical Studies of Economic Growth • Aggregate Productivity • Cross-Country Output Convergence
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.subject.keywordsAgricultural Policy;Agricultural Productivity;Climate Variability;Climate Change
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
idb.operationRG-K1351
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