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  • 标题:On Spurious Causality, CO 2 , and Global Temperature
  • 本地全文:下载
  • 作者:Philippe Goulet Coulombe ; Philippe Goulet Coulombe ; Philippe Goulet Coulombe
  • 期刊名称:Econometrics
  • 印刷版ISSN:2225-1146
  • 出版年度:2021
  • 卷号:9
  • 期号:1
  • 页码:33
  • DOI:10.3390/econometrics9030033
  • 语种:English
  • 出版社:MDPI, Open Access Journal
  • 摘要:Stips et al. (2016) use information flows (Liang (2008, 2014)) to establish causality from various forcings to global temperature. We show that the formulas being used hinge on a simplifying assumption that is nearly always rejected by the data. We propose the well-known forecast error variance decomposition based on a Vector Autoregression as an adequate measure of information flow, and find that most results in Stips et al. (2016) cannot be corroborated. Then, we discuss which modeling choices (e.g., the choice of CO<inline-formula><math xmlns="http://www.w3.org/1998/Math/MathML" display="inline"><semantics><msub><mrow></mrow><mn>2</mn></msub></semantics></math></inline-formula> series and assumptions about simultaneous relationships) may help in extracting credible estimates of causal flows and the transient climate response simply by looking at the joint dynamics of two climatic time series.
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