Trends and Persistence in the Greenland Ice Sheet Mass

This paper examines trends and persistence in the Greenland ice sheet mass by applying fractional integration methods to a dataset constructed by Mankoff et al. (2020) on ice discharge for seven different regions of Greenland. The adopted empirical framework encompasses a wide range of stochastic pr...

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Bibliographic Details
Main Authors: Caporale, Guglielmo Maria, Gil-Alana, Luis Alberiko, Sauci, Laura
Format: Report
Language:English
Published: Munich: Center for Economic Studies and ifo Institute (CESifo) 2023
Subjects:
C22
Q54
Online Access:http://hdl.handle.net/10419/279306
Description
Summary:This paper examines trends and persistence in the Greenland ice sheet mass by applying fractional integration methods to a dataset constructed by Mankoff et al. (2020) on ice discharge for seven different regions of Greenland. The adopted empirical framework encompasses a wide range of stochastic processes and is informative about their dynamic and long-run properties. The main finding is that significant changes have occurred in the behaviour of the series of interest in recent years; more specifically, although a deterministic trend is not present, ice discharge in the various regions of Greenland has become a non-stationary, explosive process, with shocks having permanent effects. It appears that, as a result of global warming, the ice mass loss in Greenland has already reached a tipping point and become an irreversible process.