0000000000225845
AUTHOR
Manuela Coromaldi
Climate variability, innovation and firm performance: evidence from the European agricultural sector
Abstract It is generally accepted that adaptation to climate variability requires a technological advancement strategy. However, the innovation process has received little explicit consideration in this framework. We employ a panel endogenous switching regression model to explore whether and to what extent climate variability affects firm performance through the ability to induce the development of adaptation innovations in key resource-based sectors in Europe during the period 2007–2017. Our findings confirm that the knowledge generation process at the heart of climate change adaptation technologies enhances firm performance, especially for firms in the aquaculture and fishing sub-sectors …
The impact of climate change on the distribution of rural income in Ethiopia
Recent evidence suggests that global climate change is likely to increase the incidence of environmental disasters, as well as the frequency of extreme weather events. As a result, it is generally recognized that climate and weather variability has negative impacts on households’ welfare relying mainly on agriculture. In Ethiopia, 95% of the population depends on rain-fed agriculture and consequently the economic impact of climate change is crucial for small-scale farmers’ food security and welfare. The objective of this study is to provide a comprehensive analysis of the impact of climate change on rural households’ welfare in Ethiopia by using a Quantile Regression (QR) analysis. The main…
Climate variability and agricultural production efficiency: evidence from Ethiopian farmers
It is known that climate and weather variability have negative impacts on agricultural production efficiency. The aim of this study is to analyse the impact of climatic variables on farms’ efficiency in Ethiopia making use of nationally representative datasets from Living Standards Measurement Study–Integrated Surveys on Agriculture (LSMS-ISA) 2011/2012. By using the Stochastic Frontier Approach, we estimate simultaneously the farmers’ optimal production function and technical inefficiency equations, taking into account unobserved heterogeneity of farmers. Our main findings show that climate change variables have a positive effect on households’ efficiency but the impact depends on the diff…
How Does the Public Spending Affect Technical Efficiency? Some Evidence from 15 European Countries
The relationship between government size and economic growth has been widely debated. Departing from this issue, we provide an empirical analysis of the impact of government size on technical efficiency. The aim of this paper is to estimate by using a True Random Effect model the impact of public sector’s size and of public expenditure components on 15 European countries’ technical efficiency from 1996 to 2011. Using the total public expenditure as a proxy for the government size we estimate simultaneously national optimal production function and technical efficiency model by controlling for income distribution and institutional quality. Our main findings show that the effect of public sect…
How does public spending affect technical efficiency? Some evidence from 15 European countries
The relationship between government size and economic growth has been widely debated. Revisiting the subject from a distinct angle with respect to the mainstream approach, we provide an empirical analysis of the impact of government size on technical efficiency. The aim of this paper is to estimate the impact of public sector's size and of public expenditure components on 15 European countries’ technical efficiency from 1996 to 2014 by using a True Random Effect model. Using the total public expenditure as a proxy for the government size we estimate simultaneously national optimal production function and technical efficiency by controlling for income distribution and institutional quality. …
Innovation for climate change adaptation and technical efficiency: an empirical analysis in the European agricultural sector
This paper analyses the effect of innovation on firms' technical efficiency. Using climate-related patent data to proxy for innovation activity in different technological fields, the paper employs a stochastic frontier approach to estimate the impact of innovative efforts on agricultural firms' technical efficiency taking account of both unobservable heterogeneity and double heteroscedasticity in the inefficiency and idiosyncratic terms. Our findings confirm that innovation has a positive impact on firms' productivity (technical efficiency). While agricultural firms located in Germany and Sweden are more efficient compared to those in southern countries, all the European countries considere…
A short survey on climate change and environmental innovations
Climate change is and will be in the coming years one of the major challenges facing the world. The best strategy to cope with climate anomalies seems to be fostering the ability to innovate and find tech-nological solutions. Therefore, understanding the relationship between the stimuli brought about by climate variability and the propensity to innovate is of paramount importance. To this end, this chapter provides some background on climate change and innovation economics and then focuses on climate-induced innovation in the context of mitigation technologies and adaptation strategies.
How Does the Public Spending Affect Technical Efficiency? Some Evidence from 15 European Countries
The relationship between government size and economic growth has been widely debated. Departing from this issue, we provide an empirical analysis of the impact of government size on technical efficiency. The aim of this paper is to estimate by using a True Random Effect model the impact of public sector’s size and of public expenditure components on 15 European countries’ technical efficiency from 1996 to 2011. Using the total public expenditure as a proxy for the government size we estimate simultaneously national optimal production function and technical efficiency model by controlling for income distribution and institutional quality. Our main findings show that the effect of public sect…