1. Αποθετήριο Παραδοτέων Υποτρόφων Δράσεων ΕΣΠΑ Τριτοβάθμιας Εκπαίδευσης 2017-2023
2. Όλο το Αποθετήριο
3. Ερευνητικές ομάδες

Τύπος:	Άρθρο σε επιστημονικό περιοδικό
Τίτλος:	Forecasting EU allowance price using transactions of central entities
Συγγραφέας:	[EL] Σωτήριος, Δήμος[EN] Dimos, Sotirios [EL] Ευαγγελάτου, Ελένη[EN] Evangelatou, Eleni [EL] Φωτάκης, Δημήτριος[EN] Fotakis, Dimitris [EL] Μάντης, Ανδρέας[EN] Mantis, Andreas [EL] Μαθιουδάκη, Αγγελική[EN] Mathioudaki, A.
Ημερομηνία:	12/04/2020
Περίληψη:	European Union Emission Trading System (EU ETS) can be analyzed as a transaction network. Under the rules of ETS, firms must hold enough allowances to cover for their annual emissions. Excess allowances may be traded or banked for future use. The allowance price is considered as an indication of how well the policy meets its objectives. We aim for a better understanding of the structure of the network and of the way the market dynamics affect the EUA price. Our findings indicate that there exists a small subset of nodes which emerges as core transactors and accounts to roughly 1.8% of the entire network participants. We call it All Time Almost Dominating Set, (ATADOM). Aiming to quantify its power, we provide a Vector AutoRegressive (VAR) model to forecast the EUA price. By using trading quantities restricted to ATADOM, along with significant price determinants from the literature, we find that it is possible to explain and to forecast EUA price by just tracking the behavior of the ATADOM set within EU ETS. Our work can be the basis of a compact evaluation tool to one of the most prominent environmental policies, the EU ETS.
Γλώσσα:	Αγγλικά
Σελίδες:	23
ISSN:	2517-9454
Θεματική κατηγορία:	[EL] Διεπιστημονικές εφαρμογές επιστήμης ηλεκτρονικών υπολογιστών[EN] Computer Science Interdisciplinary Applications
Λέξεις-κλειδιά:	EU ETS; Trading Network; Core-Periphery; Dominating Set; EUA Price Forecasting; Vector AutoRegression
Κάτοχος πνευματικών δικαιωμάτων:	© by the authors.
Διατίθεται ανοιχτά στην τοποθεσία:	http://www.ss-pub.org/aeer/forecasting-eu-allowance-price-using-transactions-of-central-entities/
Ηλεκτρονική διεύθυνση του τεκμηρίου στον εκδότη:	http://www.ss-pub.org/aeer/forecasting-eu-allowance-price-using-transactions-of-central-entities/
Ηλεκτρονική διεύθυνση περιοδικού:	https://www.ss-pub.org/journals/aeer/
Τίτλος πηγής δημοσίευσης:	Advances in Ecological and Environmental Research
Τεύχος:	6
Τόμος:	5
Σελίδες τεκμηρίου (στην πηγή):	187-209
Σημειώσεις:	This research is carried out/funded in the context of the project “Applications of Reverse Greedy Mechanisms to Social Choice problems” (MIS 5004766) under the call for proposals “Supporting researchers with emphasis on new researchers” (EDULLL 34). The project is co-financed by Greece and the European Union (European Social Fund- ESF) by the Operational Programme Human Resources Development, Education and Lifelong Learning 2014-2020.
Εμφανίζεται στις συλλογές:	Ερευνητικές ομάδες