IDEAS home Printed from https://ideas.repec.org/h/spr/adschp/978-3-031-48385-1_18.html
   My bibliography  Save this book chapter

Does climate change affect economic data?

In: Advances in Applied Econometrics

Author

Listed:
  • In Choi

    (Sogang University)

Abstract

This paper derives the seasonal factors from the US temperature, gasoline price, and fresh food price data sets using the Kalman state smoother and the principal component analysis. Seasonality in this paper is modeled by the autoregressive process and added to the random component of the time series. The derived seasonal factors show a common feature: their volatilities have increased over the last four decades. Climate change is undoubtedly reflected in the temperature data. The three data sets’ similar patterns from the 1990s suggest that climate change may have affected the prices’ volatility behavior.

Suggested Citation

  • In Choi, 2024. "Does climate change affect economic data?," Advanced Studies in Theoretical and Applied Econometrics, in: Subal C. Kumbhakar & Robin C. Sickles & Hung-Jen Wang (ed.), Advances in Applied Econometrics, pages 483-500, Springer.
    • Handle: RePEc:spr:adschp:978-3-031-48385-1_18
    DOI: 10.1007/978-3-031-48385-1_18
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:adschp:978-3-031-48385-1_18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.