Publication Bias in Measuring Climate Sensitivity
Dominika Reckova () and
Zuzana Irsova ()
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Dominika Reckova: Institute of Economic Studies, Faculty of Social Sciences, Charles University in Prague, Smetanovo nabrezi 6, 111 01 Prague 1, Czech Republic
Authors registered in the RePEc Author Service: Dominika Špolcová
No 2015/14, Working Papers IES from Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
We present a meta-regression analysis of the relation between the concentration of carbon dioxide in the atmosphere and changes in global temperature. The relation is captured by “climate sensitivity”, which measures the response to a doubling of carbon dioxide concentrations compared to pre-industrial levels. Estimates of climate sensitivity play a crucial role in evaluating the impacts of climate change and constitute one of the most important inputs into the computation of the social cost of carbon, which reflects the socially optimal value of a carbon tax. Climate sensitivity has been estimated by many researchers, but their results vary significantly. We collect 48 estimates from 16 studies and analyze the literature quantitatively. We find evidence for publication selection bias: researchers tend to report preferentially large estimates of climate sensitivity. Corrected for publication bias, the bulk of the literature is consistent with climate sensitivity lying between 1.4 and 2.3C.
Keywords: Climate sensitivity; climate change; CO2; publication bias; meta- analysis (search for similar items in EconPapers)
JEL-codes: Q53 Q54 C42 (search for similar items in EconPapers)
Date: 2015-05, Revised 2015-05
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Persistent link: https://EconPapers.repec.org/RePEc:fau:wpaper:wp2015_14
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