Environmental and Resource Economics Review (자원ㆍ환경경제연구)

Korean Resource Economics Association (한국자원경제학회)
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Relationship Between Climate Change and Total Factor Productivity

기후변화와 국가별 총요소생산성의 관계

  • Received : 2015.05.21
  • Accepted : 2015.06.23
  • Published : 2015.06.30
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Abstract

This study is to analyze the effects of climate change on national total factor productivity. Changes in temperature and rainfalls which are the representative climate variables are used as main factors to measure climate change. Not only average values of the variables but those highest values are used as independent variables in the model, in order to consider the characteristic pattern of recent climate change, the high volatilities. The OLS results are corresponding to previous literature that average temperature has a negative relationship with productivities while average rainfalls have a positive relationship. However, the results of panel analysis contradict the argument of the negative relationship between average temperature and productivities since human beings can adapt the climate change. Therefore adaptation capacity is important to forecast the effects of climate changes on economies.

본 연구는 기후변화가 국가의 총요소생산성에 미치는 영향을 분석하였다. 구체적으로 대표적 기후변수인 기온와 강수량이 국가의 총요소생산성에 미치는 영향을 분석하였다. 기존 연구와는 달리 본 연구는 최근 기후변화의 패턴인 기후 변동성이 높아지는 현상을 고려하기 위해 기후변수들의 평균값뿐만 아니라 최고값을 고려하여 분석하였다. 선형회귀분석 결과 평균기온의 상승은 생산성에 부정적 영향을 미치는 것으로 나타났으나 강수량의 평균적 증가는 긍정적 영향을 미치는 것으로 분석되었다. 하지만 최대 강수량은 평균 강수량과는 달리 총요소생산성을 증가시키는 것으로 분석되었다. 이러한 결과는 기존의 연구와 부합하는 것으로 나타났다. 하지만 패널자료를 분석한 결과 평균기온 이외에 다른 기후변수들(평균 강수량, 최대기온, 최대 강수량)은 유의미하게 영향을 주지 않는 것으로 나타났다. 또한 평균기온의 상승은 총요소생산성을 증가시키는 것으로 분석되었다. 이는 본 연구가 장기시계열 자료를 이용하여 국가들의 기후변화 적응능력에 의해 영향을 받은 것으로 분석된다.

Keywords

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