1. The Light and the Heat: Productivity Co-Benefits of Energy-Saving Technology
- Author
-
Anant Nyshadham, Namrata Kala, and Achyuta Adhvaryu
- Subjects
Economics and Econometrics ,Co benefits ,Daily production ,Natural resource economics ,05 social sciences ,law.invention ,LED lamp ,Climate change mitigation ,law ,0502 economics and business ,Weather data ,Environmental science ,050202 agricultural economics & policy ,050207 economics ,Productivity ,Social Sciences (miscellaneous) ,Energy (signal processing) - Abstract
We study the adoption of energy-efficient LED lighting in garment factories around Bangalore, India. Combining daily production line–level data with weather data, we estimate a negative, nonlinear productivity-temperature gradient. We find that LED lighting raises productivity on hot days. Using the firm's costs data, we estimate that the payback period for LED adoption is less than one-third the length after accounting for productivity co-benefits. The average factory in our data gains about $2,880 in power consumption savings and about $7,500 in productivity gains.
- Published
- 2020
- Full Text
- View/download PDF