DATA REVISIONS AND THE STATISTICAL RELATION OF GLOBAL MEAN SEA-LEVEL AND TEMPERATURE

Eric Hillebrand (), Soren Johansen and Torben Schmith
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Torben Schmith: Danish Meteorological Institute, Copenhagen

No 15-09, Discussion Papers from University of Copenhagen. Department of Economics

Abstract: We study the stability of the estimated statistical relation of global mean temperature and global mean sea-level with regard to data revisions. Using three different model speci?cations proposed in the literature, we compare coefficient estimates and forecasts using two different vintages of the annual time series. We ?find that two out of the three models, proposed in [1] and in [2], are very sensitive to the revisions. The magnitude of the estimated coefficient of infl?uence as well as the implied long-term forecasts change drastically between the two data vintages considered. The model proposed in [3], on the other hand, reacts robustly to the revisions.

Keywords: Sea-level; temperature; semi-empirical models; data revisions (search for similar items in EconPapers)
JEL-codes: C32 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2015-06-02
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Related works:
Working Paper: Data revisions and the statistical relation of global mean sea-level and temperature (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:kud:kuiedp:1509

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