Trends and Persistence in the Number of Hot Days: Some Multi-Country Evidence

Guglielmo Maria Caporale, Luis Alberiko Gil-Alana and Nieves Carmona-González

No 11925, CESifo Working Paper Series from CESifo

Abstract: This paper uses fractional integration methods to obtain comprehensive evidence on the evolution of the number of hot days, defined as those with temperatures above 35 °C, in 54 countries from various regions of the world over the period from 1950 to 2022. The variable analysed is a key indicator of global warming, and the chosen modelling approach is most informative about the behaviour of the series as it provides evidence on the possible presence of time trends, on whether or not mean reversion occurs, and on the degree of persistence. In brief, the findings indicate the presence of considerable heterogeneity among the countries studied and highlight the importance of tailored climate policies based on both global and local factors.

Keywords: number of hot days; climate change; persistence; fractional integration (search for similar items in EconPapers)
JEL-codes: C22 Q54 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_11925

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