The EU emission allowance spot price development and its possible consequences for public economics

Kód výsledku v 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>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The EU emission allowance spot price development and its possible consequences for public economics

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

The EU emission allowance spot price development and its possible consequences for public economics

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/GAP403%2F12%2F1811" target="_blank" >GAP403/12/1811: Vývoj nekonvenčních metod manažerského rozhodování v oblasti podnikové ekonomiky a veřejné ekonomie</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2014

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

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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Počet stran výsledku

8

Strana od-do

115-122

Název nakladatele

Masarykova univerzita

Místo vydání

Brno

Místo konání akce

Brno

Datum konání akce

1. 1. 2014

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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