Does the carbon price in Chinese seven carbon markets converge or not? — Based on the Fourier quantile unit root test

While previous studies focus on linear unit root test to study the convergence of carbon price in some developed countries and the results might be biased due to the lower power of these linear unit root tests. China provides an interesting arena to investigate its carbon price convergence due to it...

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Bibliographic Details
Main Authors: Yi-Lung Lee, Zan Zhang, Xiaokun Li, Tsangyao Chang
Format: Article
Language:English
Published: Elsevier 2019-11-01
Series:Energy Reports
Online Access:http://www.sciencedirect.com/science/article/pii/S235248471930054X