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Climate, Technological Change and Economic Growth
Nordiska Afrikainstitutet, Research Unit.ORCID-id: 0000-0002-1520-5725
Wits Business School, University of Witwatersrand, Johannesburg, South Africa.
2016 (engelsk)Rapport (Annet vitenskapelig)
Abstract [en]

This paper investigates the incentive for developing adaptation technology in a world with changing climate within the directed technical change framework. Consistent with the market size effect, we show that technological change will tend to be biased in favour of the sector that employs the greater share of the work force over time, when the inputs are sufficiently substitutable. An economy with dominant climate sensitive sector can maintain sustained economic growth if it is capable of undertaking frontier innovations in the form of adaptation technology that increases the productivity of the inputs employed in the climate sensitive sector

sted, utgiver, år, opplag, sider
Cape Town: ERSA Economic Research Southern Africa , 2016. , s. 16
Serie
ERSA Working paper ; 572
Emneord [en]
Climate change, Climate sensitive sector, Economic growth, Technological change
HSV kategori
Identifikatorer
URN: urn:nbn:se:nai:diva-2099OAI: oai:DiVA.org:nai-2099DiVA, id: diva2:1066609
Tilgjengelig fra: 2017-01-18 Laget: 2017-01-18 Sist oppdatert: 2019-06-18bibliografisk kontrollert

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