摘要
本文研究了各驱动因素对碳排放权价格的影响机理,并以广州碳排放权交易所GDEA交易价格为因变量检验了各驱动因素的显著性。通过实证分析发现,宏观经济景气程度和极端气温对碳排放权价格影响的显著性最大;空气质量在考虑异方差检验的条件下,亦能对碳排放权价格产生显著的正向作用;工业发展水平仅在考虑异方差条件后才对碳排放权价格产生影响;现阶段能源结构对碳排放权价格几乎没有影响。此外,能源价格作用机制在碳排放权价格中并没有体现出来。协整检验结果显示经济景气水平指数、极端气温和煤炭价格指数均能在短期内对碳排放权成交均价产生协整作用,空气质量指数不具有协整效应。
This paper studied the influence mechanism of driving factors on the price of carbon emission rights,and tested the significance of driving factors with GDEA trading price of Guangzhou Carbon Emission Rights Exchange as dependent variable.Empirical analysis shows that macroeconomic prosperity and extreme temperature have the greatest significant impact on the price of carbon emission rights;air quality can also have a significant positive effect on the price of carbon emission rights under the condition of considering heteroscedasticity test;industrial development level can only affect the price of carbon emission rights after considering heteroscedasticity conditions;energy structure has little impact on the price of carbon emission rights at present.In addition,the energy price mechanism is not reflected in the price of carbon emission rights.Cointegration test results show that economic prosperity level index,extreme temperature index and coal price index can co-integrate the average transaction price of carbon emission rights in a short time,but air quality index has no co-integration effect.
作者
应尚军
虞雀
冯体一
Ying Shangjun;Yu Que;Feng Tiyi(Institute of Assets Appraisal,Shanghai University of International Business and Economics,Shanghai 200000,China)
出处
《环境与发展》
2020年第7期6-10,共5页
Environment & Development
基金
国家自然科学基金(71571116)。
关键词
经济发展水平
能源因素
环境气候
Economic development level
Energy factor
Environmental climate
