Exploring the interaction between climate change and organizational outcomes : retrospective time series forecasting /
Climate change and weather events influence how much energy is generated and consumed by businesses and residents in the United States. The northeast United States has experienced long-term warming over the past decade. More recently, the northeast has experienced significantly fewer cold days and s...
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| Format: | eBook |
| Language: | English |
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London :
SAGE Publications Ltd,
2019.
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| Series: | SAGE Research Methods. Cases.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Climate change and weather events influence how much energy is generated and consumed by businesses and residents in the United States. The northeast United States has experienced long-term warming over the past decade. More recently, the northeast has experienced significantly fewer cold days and significantly more hot days. The projections are for these warming trends to continue in the northeast, making it vital that businesses and their leadership teams understand the impact of change. This case study challenges students to use retrospective time series forecasting to explore the interactions between climatic variables and energy generation in the state of Rhode Island from January 1, 2007, through December 31, 2016. The focal climatic variables are heating degree days and cooling degrees day, the two most salient climatic indicators of electricity consumption and generation. The case study draws the Craig and Feng study that conducted a single-state case study using the focal method. Using the total electricity generation industry in Rhode Island, the case study demonstrates a statistical method for exploring both longitudinal stationary and nonstationary data. As such, this case study will provide students with a method to explore the complex relationships between climate change and weather events for an important business outcome (i.e., energy consumption) when longitudinal data are available. The methods described in this case study are intended to provide guidance for students exploring their own research agenda, and the methods are important to other business outcomes such as sales or occupancy. |
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| Physical Description: | 1 online resource : illustrations. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781526466501 1526466503 |