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...

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Bibliographic Details
Main Authors: Liangzheng Wu, Yan Huang, Yimiao Gu
Format: Article
Language:English
Published: MDPI AG 2023-03-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/16/5/2470

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