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EU 배출권거래가격과 화석연료가격 간의 동태적 상관관계 분석

Author
김수이
Journal Title
에너지경제연구
Publication Year
2008
Summary

This study empirically analyzes the role of fossil fuel prices as determinants of the European Union Allowance (EUA) price. The analysis reveals a strong positive correlation between EUA price and oil price, while the coal-gas price differential showed no significant correlation. This is interpreted as a result of the daily data not reflecting the fuel switching decisions of power companies.

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