Autor: |
Rialdi Azhar, Febryan Kusuma Wisnu, Fajrin Satria Dwi Kesuma, Widya Rizki Eka Putri, Rian Andri Prasetya |
Jazyk: |
angličtina |
Rok vydání: |
2022 |
Předmět: |
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Zdroj: |
International Journal of Energy Economics and Policy, Vol 12, Iss 3 (2022) |
Druh dokumentu: |
article |
ISSN: |
2146-4553 |
DOI: |
10.32479/ijeep.12894 |
Popis: |
Carbon is a waste that becomes a new economic commodity. It has been traded like stock prices in commodity markets. Owing to its new status, research on carbon price movements as a new economic commodity linked to gas has gained a considerable amount of interest. A deeper observation of the future of world gas prices can also be an indicator of the stability of this commodity. We use the state-space model as a statistical basis for modeling the daily movement of carbon values and gas prices. As a result, as we have calculated, the state-space model is able to predict and provide in-depth observational information on the relationship between carbon and gas. The economic implications show that carbon is not only good for the environment; its trading in the stock exchange also indicates that it can be a new stable and sustainable economic commodity. |
Databáze: |
Directory of Open Access Journals |
Externí odkaz: |
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