Abstract
This chapter discusses the main driving factors behind carbon prices in detail. It presents key data, then proceeds with the results of cointegration test, Granger causality test, and ridge regression estimation. The chapter provides as well a comparative analysis of the equilibrium carbon price and observed carbon price, before drawing conclusions from the research.
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Zhu, B., Chevallier, J. (2017). European Carbon Futures Prices Drivers During 2006–2012. In: Pricing and Forecasting Carbon Markets. Springer, Cham. https://doi.org/10.1007/978-3-319-57618-3_2
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DOI: https://doi.org/10.1007/978-3-319-57618-3_2
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