G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7816
DP7816 The Economic Impact of the Little Ice Age
Morgan Kelly; Quang Van Tran
发表日期2010-05-23
出版年2010
语种英语
摘要Abstract We investigate by how much the Little Ice Age reduced the harvests on which pre-industrial Europeans relied for survival. We find that weather strongly affected crop yields, but can find little evidence that western Europe experienced long swings or structural breaks in climate. Instead, annual summer temperature reconstructions between the fourteenth and twentieth centuries behave as almost independent draws from a distribution with a constant mean but time varying volatility; while winter temperatures behave similarly until the late nineteenth century when they rise markedly, consistent with anthropogenic global warming. Our results suggest that the existing consensus about a Little Ice Age in western Europe stems from a Slutsky effect, where the standard climatological practice of smoothing data prior to analysis induces spurious cyclicality in uncorrelated data.
主题International Macroeconomics
关键词Little ice age Slutsky effect
URLhttps://cepr.org/publications/dp7816
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536653
推荐引用方式
GB/T 7714
Morgan Kelly,Quang Van Tran. DP7816 The Economic Impact of the Little Ice Age. 2010.
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