An econometric analysis of global warming hiatus
Fumitaka Furuoka
Applied Economics Letters, 2017, vol. 24, issue 17, 1241-1246
Abstract:
There is an avid debate concerning the presence of a hiatus in global warming. Recognizing that this phenomenon has considerable economic implications, this study aims to make a threefold contribution to the climate econometrics literature. Firstly, it formulates a testable hypothesis; secondly, it proposes a systematic empirical procedure; thirdly, it performs the Bai–Perron test to detect the starting point of the global warming hiatus. The findings supported the existence of the global warming hiatus.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:24:y:2017:i:17:p:1241-1246
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DOI: 10.1080/13504851.2016.1270400
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