Measuring Chinese climate uncertainty

被引：13

作者：

Lee, Kiryoung ^{[1
]}

Cho, Juik ^{[2
]}

机构：

[1] Hankuk Univ Foreign Studies, Div Chinese Foreign Affairs & Commerce, 107 Imun Ro, Seoul, South Korea

[2] Shinhan Secur, 27F,70 Yeoui Daero, Seoul 07325, South Korea

来源：

INTERNATIONAL REVIEW OF ECONOMICS & FINANCE | 2023年 / 88卷

关键词：

Twitter; Climate uncertainty; Climate policy; China; Climate change; ENVIRONMENTAL-REGULATION; COMPETITIVENESS; EMISSIONS;

D O I：

10.1016/j.iref.2023.07.004

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

We develop indices of Twitter-based Chinese Climate Uncertainty (TC-CU) and Climate Policy Uncertainty (TC-CPU) from 2010 to onward. Our indices spike with climate change-related presidential announcements, UN climate change conferences, climate change-related flood deaths, warning about melting glaciers in China's Qilian mountains, and rising climate concerns regarding bitcoin mining, among many others. We find that TC-CPU can predict future US climate uncertainty and attention measures while US measures do not predict Chinese climate change measures. Moreover, TC-CU (TC-CPU) negatively predicts equity returns of small (value) firms. Finally, we find a decline in CO2 emissions in response to shocks to TC-CU.

引用

页码：891 / 901

页数：11

共 50 条

[41] Relative uncertainty: Measuring uncertainty in discrete and nondiscrete domains
Rocha, LM
[J]. 1996 BIENNIAL CONFERENCE OF THE NORTH AMERICAN FUZZY INFORMATION PROCESSING SOCIETY - NAFIPS, 1996, : 551 - 555
[42] Measuring impact of uncertainty in a stylized macro-economic climate model within a dynamic game perspective
Stienen, V. F.
Engwerda, J. C.
[J]. IFAC PAPERSONLINE, 2018, 51 (05): : 138 - 143
[43] Measuring Uncertainty in Forensic Science
Vuille, Joelle
Taroni, Franco
[J]. IEEE INSTRUMENTATION & MEASUREMENT MAGAZINE, 2021, 24 (01) : 5 - 9
[44] Measuring the impact of uncertainty resolution
Diecidue, Enrico
[J]. INTERNATIONAL JOURNAL OF PSYCHOLOGY, 2008, 43 (3-4) : 352 - 352
[45] Measuring Economic Uncertainty in China
Pan, Wei-Fong
Wang, Xinjie
Wang, Shixuan
[J]. EMERGING MARKETS FINANCE AND TRADE, 2022, 58 (05) : 1359 - 1389
[46] Measuring Brazilian Economic Uncertainty
Ferreira P.C.
Vieira R.M.B.
da Silva F.B.
de Oliveira I.C.L.
[J]. Journal of Business Cycle Research, 2019, 15 (1) : 25 - 40
[47] Measuring Interdependence of Inflation Uncertainty
Lee, Seohyun
[J]. COMPUTATIONAL ECONOMICS, 2024,
[48] Measuring the Uncertainty of Imputed Scores
Sinharay, Sandip
[J]. JOURNAL OF EDUCATIONAL MEASUREMENT, 2023, 60 (02) : 351 - 375
[49] Informational uncertainty of measuring instruments
Manko, G.
Titova, E.
[J]. UKRAINIAN METROLOGICAL JOURNAL, 2021, (04): : 15 - 19
[50] Uncertainty of the measuring computer system
Swornowski, Pawel
[J]. PRZEGLAD ELEKTROTECHNICZNY, 2010, 86 (05): : 38 - 43

← 1 2 3 4 5 →