Title: Assessing the impact of global warming on productivity in emerging economies of Asia

Authors: Shahzad Alvi; Faisal Jamil; Ather Maqsood Ahmed

Addresses: School of Social Sciences and Humanities, National University of Sciences and Technology, Islamabad, Pakistan ' School of Social Sciences and Humanities, National University of Sciences and Technology, Islamabad, Pakistan ' School of Social Sciences and Humanities, National University of Sciences and Technology, Islamabad, Pakistan

Abstract: Over the past decade, a consensus has emerged among scientists that the greenhouse gas (GHG) emissions generated by human activities are responsible for changing the earth's climate, which in turn has increased human vulnerability. It is observed that increasing temperatures cause work stress, fatigue and decrease the cognitive abilities of workers. It also affects machines' performance, thereby decreasing labour and capital productivity. Given the importance of productivity for the long-term economic growth and sustainability of economies, this study investigates the impact of global warming on productivity by using a panel data of selected emerging economies of Asia covering a time span of 27 years ranging between 1990 and 2016. The fixed effects model has been used for empirical estimation. The results indicate that global warming has turned out to be a major source of productivity loss.

Keywords: climate change; global warming; economic growth; sustainability; total factor productivity; TFP; mitigation; fixed effect.

DOI: 10.1504/IJGW.2021.115924

International Journal of Global Warming, 2021 Vol.24 No.2, pp.222 - 234

Received: 30 Sep 2020
Accepted: 06 Feb 2021
Published online: 05 Jul 2021 *

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