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Record W4381942483 · doi:10.3390/jrfm16050264

The Effects of Climate Change to Weather-Related Environmental Hazards: Interlinkages of Economic Factors and Climate Risk

2023· article· en· W4381942483 on OpenAlexvenueno aff
George Halkos, Argyro Zisiadou

Bibliographic record

VenueJournal of risk and financial management · 2023
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicClimate Change Policy and Economics
Canadian institutionsnot available
Fundersnot available
KeywordsClimate changeIndex (typography)Greenhouse gasGlobal warmingGeographyClimatologyEnvironmental scienceOrder (exchange)Natural resource economicsEconomicsComputer scienceEcology

Abstract

fetched live from OpenAlex

Climate change has become an increasingly intense global phenomenon in recent years. A great number of researchers support the idea that climate change is strongly connected to some environmental hazards, and specifically, those correlated to extreme weather events. Following the Paris Agreement, and due to the increased concern regarding climate change impacts, several indices have been established. The Climate Change Performance Index (CCPI) includes 59 countries and the EU, which cumulatively emit 92% of global greenhouse gases (GHGs), while the Global Climate Risk Index (CRI) analyzes to what extend countries have been affected by impacts of weather-related loss events. Both indices provide annual scores to each country and rank them based on those scores indicating the existing environmental situation. Our main purpose is to examine whether there is an interconnection between those two indices as well as testify whether economic growth is a great contributor to country’s environmental performance and as a result to climate risk. Using a sample of the reported countries for the year 2019, the latest reported year for both indices, and following a cross-sectional econometric analysis, we provide evidence regarding the connection of CCPI and CRI by using graphs, mapping visualization and econometric estimations in order to draw lines between indices. Moreover, we examine the interlinkages, and we estimate the influence caused by socio-economic factors and emissions levels per country. We provide evidence regarding the high-ranked and low-ranked countries and how they perform not only to an environmental base, but also to an economic base. Regarding the major finding, based on our analysis, no proven causality between CRI and CCPI was observed. Economic growth appears to have a significant impact on CRI but not on the CCPI, for the year 2019, while population density has an impact on both indices. Regarding greenhouse gas emissions, the econometric estimations provide evidence of significance for CRI but not for CCPI. An in-depth understanding of the current situation as well as of the factors affecting the climate conditions will give us the needed elements in order to minimize the adverse impact, if not improve the current situation. It is well known and stated that climate action should be taken so that we bequeath a safer and more sustainable planet to the next generations.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.212
Threshold uncertainty score0.575

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.016
GPT teacher head0.217
Teacher spread0.202 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations16
Published2023
Admission routes1
Has abstractyes

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