The EU emission allowance spot price development and its possible consequences for public economics
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26867184%3A_____%2F14%3A%230000191" target="_blank" >RIV/26867184:_____/14:#0000191 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The EU emission allowance spot price development and its possible consequences for public economics
Original language description
This paper is focused on an analysis of the EU emission trading scheme (EU ETS) and development of the EU emission allowance (EUA) spot price. Besides this issue, we analyze also possible relationships between EUA spot price and representative economic indicators and try to find ?EUA price drivers?. For the purposes of this article, we use correlation analysis, based on both the Pearson´s and Spearman´s coefficients. The results of correlation analysis show, that the EUA spot price is negatively correlated both with time and with final consumption expenditures of EU27, in the short time period also with some energy prices. Regarding the EUA traded volumes, there is visible a strong positive correlation between traded volumes and both time and energy prices. Finally, the possible consequences of the EUA market development for managerial decision making in public economics are discussed, focusing especially on CO2 tax rates setting.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/GAP403%2F12%2F1811" target="_blank" >GAP403/12/1811: Unconventional Managerial's Decision-Making Methods Development in Enterprise Economics and Public Economy</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 18th International Conference Current Trends in Public Sector Research
ISBN
978-80-210-6611-3
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
115-122
Publisher name
Masarykova univerzita
Place of publication
Brno
Event location
Brno
Event date
Jan 1, 2014
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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