The field of climate econometrics has undergone rapid development in recent years, shaped by the growing demand for empirical methods that can rigorously assess the multifaceted interactions between the economy and the climate system. Situated at the intersection of climate science and econometric methodology, this field responds to the urgent need for tools that quantify the economic impacts of climate variability and long-term climate change. Rising policy interest, data availability, and the increasing frequency of extreme events have collectively motivated the expansion of climate econometrics as a recognized and distinct research area.
This volume appears at a particularly timely juncture. The contributions assembled here reflect the current momentum in climate econometric research, both in theoretical development and empirical application.
Advances in Econometrics publishes original scholarly econometrics papers with the intention of expanding the use of developed and emerging econometric techniques by disseminating ideas on the theory and practice of econometrics throughout the empirical economic business and social science literature.
Chapter
1. Heterogeneous Polar Amplification; María Dolores Gadea Rivas
and Jesús Gonzalo
Chapter
2. Long-Run Comovement of Climate Time Series; Marc Gronwald and Xin
Jin
Chapter
3. Modelling the Dependence between Recent Changes in Polar Ice
Sheets: Implications for Global Sea-Level Projections; Luke P. Jackson,
Katarina Juselius, Andrew B. Martinez, and Felix Pretis
Chapter
4. Natural Disasters, Insurance Claims, and Regional Housing Markets;
Bjørnar Karlsen Kivedal
Chapter
5. Constrain Equilibrium Climate Sensitivity via Bayesian Composite
Likelihood; Mengheng Li and Donald P. Cummins
Chapter
6. How to Build a Sustainable Productivity Index; Christopher
ODonnell
Chapter
7. The Economic Impact of Weather and Climate; Richard S.J. Tol
Chapter
8. Effects of the Paris Agreement and the COVID-19 Pandemic on
Volatility Persistence of Stocks Associated with the Climate Crisis: A
Multiverse Analysis; J. Eduardo Vera-Valdés and Olivia Kvist
Thomas B. Fomby is Professor of Economics at Southern Methodist University, USA.
Marina Friedrich is an Assistant Professor at the Department of Econometrics and Data Science and a Research Fellow at the Tinbergen Institute, Vrije Universiteit Amsterdam, The Netherlands.
Eric Hillebrand is Professor in the Department of Economics and Business Economics at Aarhus University, Denmark.
