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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7816 |
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 |
URL | https://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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