GHG in EUROPE. Evidence of persistence across markets using fractional integration
Date
2024Citation
Infante, Juan; Gil-Alana, Luis A.; Martin-Valmayor, Miguel A.: GHG in EUROPE. Evidence of persistence across markets using fractional integration, Ecological Indicators, Volume 160, 2024. doi:10.1016/j.ecolind.2024.111730
Abstract
This paper investigates the persistence of GHG in Europe, evaluating the effectiveness of government policies, including the Kyoto Protocol and the EU Council commitment. Mean reversion properties, and the structure of the integration factor were examined to determine the degree of persistence across markets and assess policy effectiveness. The analysis focuses on CO2, CH4, and NO2 pollutants, with monthly data starting in January 2000 and ending in December 2021 from major European countries, a ...
Materias
Departamentos
Document type
journal article