碳排放权交易定价影响因素的实证研究  

An empirical study on the external influencing factors of carbon emission trading pricing

作　　者：李谊 

机构地区：[1]澳门科技大学

出　　处：《价格理论与实践》2020年第6期146-149,共4页Price:Theory & Practice

摘　　要：碳碳排放权交易是以低成本来调动减排主体的积极性,碳排放权价格是减少碳排放过程的驱动力量之一。本文基于2018年3月-2019年12月的分组数据,通过建立协整检验和脉冲响应、方差分解等分析方法,对碳排放权交易定价的影响因素进行实证分析,研究结果表明:一次能源价格中天然气价格、原油价格和宏观经济正向、单向影响碳排放权交易定价,煤炭价格负向、单向影响碳排放权交易定价,天气因素中的空气质量与碳排放权交易定价互相影响,且影响方向为负向,异常天气与碳排放权交易定价之间不存在影响关系。本文从调整优化能源结构、健全市场制度体系和建立全国统一碳交易市场方面提出政策建议。carbon emission trading is to mobilize the enthusiasm of emission reduction subject with low cost,and the price of carbon emission right is one of the driving forces in the process of reducing carbon emission.Based on the grouping data from March 2018 to December 2019,this paper empirically analyzes the influencing factors of carbon emission trading pricing by establishing cointegration test,impulse response,variance decomposition and other analysis methods.The results show that natural gas price,crude oil price and macro-economy have positive and one-way effects on carbon emission trading pricing,while coal price has negative and single effects In order to influence the carbon emission trading pricing,air quality and carbon emission trading pricing of weather factors affect each other,and the influence direction is negative.There is no relationship between abnormal weather and carbon emission trading pricing.This paper puts forward policy suggestions from adjusting and optimizing energy structure,perfecting market system and establishing national unified carbon trading market.

关 键 词：碳排放权 能源价格 空气质量 脉冲响应 

分 类 号：X196[环境科学与工程—环境科学] F832.5[经济管理—金融学]