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A tale of three cities: climate heterogeneity (special issue of SERIES in homage to Juan J. Dolado)

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  • Gadea Rivas, María Dolores
  • Gonzalo, Jesús

Abstract

Professor Dolado has developed much of his professional career in three cities: Zaragoza, Oxford and Madrid. This fact, together with the recent appearance of literature relating climate with human behavior, has inspired us to analyze a set of relevant climate change issues linked to these areas, particularly any possible heterogeneity. The novel methodology proposed in Gadea and Gonzalo (2020a) for analyzing a wide range of characteristics of the temperature distribution (converting them into time series objects), instead of focusing solely on the mean, allows us to carry out this analysis . Using this methodology, we can identify local warming patterns within the global warming phenomenon of different types and intensities. The results show that there is a clear warming process in the three areas. The two Spanish cities (Zaragoza and Madrid) have many similarities but Oxford fits into a different type of warming category. The former are characterized by higher trends in the upper quantiles than in the lower, an increase in dispersion, acceleration and an upper amplification with respect to the mean. In Oxford, the type of climate change is different, displaying higher trends in the lower quantiles, a weak negative trend in dispersion,lower amplification and a more attenuated acceleration in recent decades. There is no doubt that a better knowledge of local warming heterogeneity is recommendable for the design of more effective mitigation policies. The influence of the climate on human behavior and, specifically, on Professor Dolados personality, takes us into lesser-known regions which are left for the reader to discern.

Suggested Citation

  • Gadea Rivas, María Dolores & Gonzalo, Jesús, 2021. "A tale of three cities: climate heterogeneity (special issue of SERIES in homage to Juan J. Dolado)," UC3M Working papers. Economics 32200, Universidad Carlos III de Madrid. Departamento de Economía.
  • Handle: RePEc:cte:werepe:32200
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    References listed on IDEAS

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    1. Francis X. Diebold & Glenn D. Rudebusch, 2022. "On the Evolution of US Temperature Dynamics," Advances in Econometrics, in: Essays in Honor of M. Hashem Pesaran: Prediction and Macro Modeling, volume 43, pages 9-28, Emerald Group Publishing Limited.
    2. Gadea Rivas, María Dolores & Gonzalo, Jesús, 2020. "Trends in distributional characteristics: Existence of global warming," Journal of Econometrics, Elsevier, vol. 214(1), pages 153-174.
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    More about this item

    Keywords

    Climate Change;

    JEL classification:

    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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