How do Spanish polluting sectors' stock market returns react to European Union allowances prices? A panel data approach

Blanca Moreno and Patricia Silva ()

Energy, 2016, vol. 103, issue C, 240-250

Abstract: This paper analyses whether and to what extent the EUA (European Union allowance) prices may be linked with Spanish polluting sectors' stock market returns.

Keywords: European Union emission trading system; Stock market return; Multifactor market model; Panel data econometric models; EUA (European Union allowance) price (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (28) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544216301566
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:103:y:2016:i:c:p:240-250

DOI: 10.1016/j.energy.2016.02.094

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().