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 specifications 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 influence 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.
Originalsprog
Engelsk
Udgivelsessted
Aarhus
Udgiver
Institut for Økonomi, Aarhus Universitet
Antal sider
12
Status
Udgivet - 19 maj 2015
Serietitel
CREATES Research Papers
Nummer
2015-23
Forskningsområder
Sea-level, temperature, semi-empirical models, data revisions