Fragmented or Unified? The State of China’s Carbon Emission Trading Market
China has adopted a gradualism principle in establishing its carbon emission trading system from the regional pilot markets to a national one. In view of the huge market potential and large differences across China, this paper applies the cointegration test and VECM (Vector Error Correction Model) t...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-03-01
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Series: | Energies |
Subjects: | |
Online Access: | https://www.mdpi.com/1996-1073/16/5/2470 |