Global temperatures and greenhouse gases: A common features approach

Li Chen, Jiti Gao and Farshid Vahid

Journal of Econometrics, 2022, vol. 230, issue 2, 240-254

Abstract: We propose a common features approach for testing for common trends and estimating long-run relationships between variables with complex trends. Using this approach, we establish that global temperatures and the concentration of greenhouse gases share a common trend and we estimate their long-run relationship without conditioning on the exact nature of this trend.

Keywords: Global warming; Complex trends; Endogeneity; Instrumental variables; Testing for common trends (search for similar items in EconPapers)
JEL-codes: C22 C53 Q54 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Related works:
Working Paper: Global Temperatures and Greenhouse Gases: A Common Features Approach (2019)
Working Paper: Global temperatures and greenhouse gases - a common features approach (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:econom:v:230:y:2022:i:2:p:240-254

DOI: 10.1016/j.jeconom.2021.04.003

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