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Carbon Credits: Who is the Leader of the Pack?

Year 2013, Volume: 3 Issue: 3, 210 - 220, 01.09.2013

Vicente Medina Angel Pardo Roberto Pascual

Abstract

We provide the first intraday analysis on the contribution to price discovery of two emissions carbon credits: European Union Allowances (EUAs) and Certified Emission Reductions (CERs). We find that EUAs lead price discovery but CERs play a growing role and, therefore, should not be ignored.

Keywords

European Union Allowances Certified Emission Reductions co-integration price-discovery high frequency data intraday analysis.

Year 2013, Volume: 3 Issue: 3, 210 - 220, 01.09.2013

Vicente Medina Angel Pardo Roberto Pascual

Abstract

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Details

Other ID JA82FJ54ZA
Authors

Vicente Medina This is me

Angel Pardo This is me

Roberto Pascual This is me

Publication Date September 1, 2013
Published in Issue Year 2013 Volume: 3 Issue: 3

Cite

APA Medina, V., Pardo, A., & Pascual, R. (2013). Carbon Credits: Who is the Leader of the Pack? International Journal of Energy Economics and Policy, 3(3), 210-220.
AMA Medina V, Pardo A, Pascual R. Carbon Credits: Who is the Leader of the Pack? IJEEP. September 2013;3(3):210-220.
Chicago Medina, Vicente, Angel Pardo, and Roberto Pascual. “Carbon Credits: Who Is the Leader of the Pack?”. International Journal of Energy Economics and Policy 3, no. 3 (September 2013): 210-20.
EndNote Medina V, Pardo A, Pascual R (September 1, 2013) Carbon Credits: Who is the Leader of the Pack? International Journal of Energy Economics and Policy 3 3 210–220.
IEEE V. Medina, A. Pardo, and R. Pascual, “Carbon Credits: Who is the Leader of the Pack?”, IJEEP, vol. 3, no. 3, pp. 210–220, 2013.
ISNAD Medina, Vicente et al. “Carbon Credits: Who Is the Leader of the Pack?”. International Journal of Energy Economics and Policy 3/3 (September2013), 210-220.
JAMA Medina V, Pardo A, Pascual R. Carbon Credits: Who is the Leader of the Pack? IJEEP. 2013;3:210–220.
MLA Medina, Vicente et al. “Carbon Credits: Who Is the Leader of the Pack?”. International Journal of Energy Economics and Policy, vol. 3, no. 3, 2013, pp. 210-2.
Vancouver Medina V, Pardo A, Pascual R. Carbon Credits: Who is the Leader of the Pack? IJEEP. 2013;3(3):210-2.