A Semiparametric Panel Model for unbalanced data with Application to Climate Change in the United Kingdom
Alev Atak (),
Oliver Linton () and
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Alev Atak: Queen Mary, University of London
No 762, Boston College Working Papers in Economics from Boston College Department of Economics
This paper is concerned with developing a semiparametric panel model to explain the trend in UK temperatures and other weather outcomes over the last century. We work with the monthly averaged maximum and minimum temperatures observed at the twenty six Meteorological Office stations. The data is an unbalanced panel. We allow the trend to evolve in a nonparametric way so that we obtain a fuller picture of the evolution of common temperature in the medium timescale. Profile likelihood estimators (PLE) are proposed and their statistical properties are studied. The proposed PLE has improved asymptotic property comparing the the sequential two-step estimators. Finally, forecasting based on the proposed model is studied.
Keywords: Global warming; Kernel estimation; Semiparametric; Trend analysis (search for similar items in EconPapers)
JEL-codes: C13 C14 C21 D24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene and nep-env
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Journal Article: A semiparametric panel model for unbalanced data with application to climate change in the United Kingdom (2011)
Working Paper: A semiparametric panel model for unbalanced data with application to climate change in the United Kingdom (2011)
Working Paper: A Semiparametric Panel Model for Unbalanced Data with Application to Climate Change in the United Kingdom (2010)
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Persistent link: http://EconPapers.repec.org/RePEc:boc:bocoec:762
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