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  • 标题:State-space Implementation in Forecasting Carbon and Gas Prices in Commodity Markets
  • 本地全文:下载
  • 作者:Rialdi Azhar ; Febryan Kusuma Wisnu ; Fajrin Satria Dwi Kesuma
  • 期刊名称:International Journal of Energy Economics and Policy
  • 电子版ISSN:2146-4553
  • 出版年度:2022
  • 卷号:12
  • 期号:3
  • DOI:10.32479/ijeep.12894
  • 语种:English
  • 出版社:EconJournals
  • 摘要:Carbon is a waste that becomes a new economic commodity. It has been traded like stock prices in commodity markets. Owing to its new status, research on carbon price movements as a new economic commodity linked to gas has gained a considerable amount of interest. A deeper observation of the future of world gas prices can also be an indicator of the stability of this commodity. We use the state-space model as a statistical basis for modeling the daily movement of carbon values ​​and gas prices. As a result, as we have calculated, the state-space model is able to predict and provide in-depth observational information on the relationship between carbon and gas. The economic implications show that carbon is not only good for the environment; its trading in the stock exchange also indicates that it can be a new stable and sustainable economic commodity.
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