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The overall and time-varying efficiency test for the carbon market in China
16 references·2 citing·51 second hopsampled
The overall and time-varying efficiency test for the carbon market in China (2022)The overall and time-varying efficiency t…Effect of Chinese pilots carbon emission trading scheme on enterprises' total factor productivity: The moderating role of government participation and carbon trading market efficiency (2022)Effect of Chinese pilots carb…Does China's carbon emissions trading scheme affect the market power of high-carbon enterprises? (2022)Does China's carbon emissions…Analysis of emission reduction effects of carbon trading: Market mechanism or government intervention? (2022)Analysis of emission reductio…How to effectively guide carbon reduction behavior of building owners under emission trading scheme? An evolutionary game-based study (2021)How to effectively guide carb…Forecasting carbon price using a multi‐objective least squares support vector machine with mixture kernels (2021)Forecasting carbon price usin…Liquidity and market efficiency in the world's largest carbon market (2015)Liquidity and market efficien…Market Efficiency of Oil Spot and Futures: A Mean-Variance and Stochastic Dominance Approach (2010)Market Efficiency of Oil Spot…Carbon trading thickness and market efficiency (2010)Carbon trading thickness and …The efficiency of the crude oil markets: Evidence from variance ratio tests (2009)The efficiency of the crude o…Wild bootstrapping variance ratio tests (2006)Wild bootstrapping variance r…A comparison of variance ratio tests of random walk: A case of Asian emerging stock markets (2006)A comparison of variance rati…The efficiency costs of separating carbon markets under the EU emissions trading scheme: A quantitative assessment for Germany (2005)The efficiency costs of separ…Alternative Variance-Ratio Tests Using Ranks and Signs (2000)Alternative Variance-Ratio Te…A simple multiple variance ratio test (1993)A simple multiple variance ra…Efficient Capital Markets: II (1991)Efficient Capital Markets: IIStock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test (1988)Stock Market Prices Do Not Fo…A Bayesian-Tuned Gaussian Process Approach to Forecasting Carbon Market Prices: A Case Study of China’s Emissions Trading Scheme (2026)A Bayesian-Tuned Gaussian Pro…Can carbon emission trading pilot facilitate green development performance? Evidence from a quasi-natural experiment in China (2023)Can carbon emission trading p…The size and power of the variance ratio test in finite samples (1989)The Efficient Market Hypothesis and Its Critics (2003)Emerging markets research: Trends, issues and future directions (2012)Efficient or adaptive markets? Evidence from major stock markets using very long run historic data (2013)Are stock markets really efficient? Evidence of the adaptive market hypothesis (2016)Mean Reversion in Stock Prices: Evidence and Implications (1987)Mean reversion in stock prices (1988)Are Asian stock markets efficient? Evidence from new multiple variance ratio tests (2007)Efficient market hypothesis in European stock markets (2010)Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root (1981)Testing for a Unit Root in Time Series Regression (1988)THE EVOLUTION OF STOCK MARKET EFFICIENCY OVER TIME: A SURVEY OF THE EMPIRICAL LITERATURE (2010)Price discovery of cryptocurrencies: Bitcoin and beyond (2018)Bootstrapping autoregressions with conditional heteroskedasticity of unknown form (2004)Automatic variance ratio test under conditional heteroskedasticity (2009)The Link between Economic Complexity and Carbon Emissions in the European Union Countries: A Model Based on the Environmental Kuznets Curve (EKC) Approach (2019)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Econometrics of Financial Markets (2012)How to improve the market efficiency of carbon trading: A perspective of China (2016)A review of China’s carbon trading market (2018)The marginal impacts of energy prices on carbon price variations: Evidence from a quantile-on-quantile approach (2021)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Capital markets research in accounting (2001)Specification Tests in Econometrics (1978)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Multifactor Explanations of Asset Pricing Anomalies (1996)The Vertical Integration of Production Market Failure Considerations (1999)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Spillover of COVID-19: Impact on the Global Economy (2020)Can environmental tax promote renewable energy consumption? — An empirical study from the typical countries along the Belt and Road (2022)Can renewable energy investment reduce carbon dioxide emissions? Evidence from scale and structure (2022)Digital transformation and firms' pollution emissions (2023)The Problem of Social Cost (1960)Earnings Losses of Displaced Workers (1992)Toward a New Conception of the Environment-Competitiveness Relationship (1995)Spatial spillover effect of carbon emission trading policy on carbon emission reduction: Empirical data from transport industry in China (2022)Spatial spillover effects and driving mechanisms of carbon emission reduction in new energy demonstration cities (2023)Renewable energy transition and sustainable development: Evidence from China (2025)Can carbon emission trading scheme achieve energy conservation and emission reduction? Evidence from the industrial sector in China (2019)Emission reduction effect and carbon market efficiency of carbon emissions trading policy in China (2020)Per-capita carbon emissions in 147 countries: The effect of economic, energy, social, and trade structural changes (2021)Digital infrastructure construction drives green economic transformation: evidence from Chinese cities (2023)Does carbon emission trading policy has emission reduction effect?—An empirical study based on quasi-natural experiment method (2023)Impacts of carbon market and climate policy uncertainties on financial and economic stability: Evidence from connectedness network analysis (2024)
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References

  • 1991Efficient Capital Markets: II5,346 cited
  • 1988Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test3,745 cited
  • 1993A simple multiple variance ratio test496 cited
  • 2000Alternative Variance-Ratio Tests Using Ranks and Signs394 cited
  • 2022Analysis of emission reduction effects of carbon trading: Market mechanism or government intervention?313 cited
  • 2006A comparison of variance ratio tests of random walk: A case of Asian emerging stock markets224 cited
  • 2006Wild bootstrapping variance ratio tests211 cited
  • 2022Does China's carbon emissions trading scheme affect the market power of high-carbon enterprises?208 cited
  • 2022Effect of Chinese pilots carbon emission trading scheme on enterprises' total factor productivity: The moderating role of government participation and carbon trading market efficiency206 cited
  • 2010Carbon trading thickness and market efficiency167 cited
  • 2021Forecasting carbon price using a multi‐objective least squares support vector machine with mixture kernels125 cited
  • 2010Market Efficiency of Oil Spot and Futures: A Mean-Variance and Stochastic Dominance Approach121 cited
  • 2015Liquidity and market efficiency in the world's largest carbon market107 cited
  • 2009The efficiency of the crude oil markets: Evidence from variance ratio tests

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102 cited
  • 2021How to effectively guide carbon reduction behavior of building owners under emission trading scheme? An evolutionary game-based study98 cited
  • 2005The efficiency costs of separating carbon markets under the EU emissions trading scheme: A quantitative assessment for Germany91 cited
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    • 2023Can carbon emission trading pilot facilitate green development performance? Evidence from a quasi-natural experiment in China56 cited
    • 2026A Bayesian-Tuned Gaussian Process Approach to Forecasting Carbon Market Prices: A Case Study of China’s Emissions Trading Scheme30 cited