Correlation and Dynamic Volatility Spillover between Green Investing Market, Coal Market, and CO₂ Emissions: Evidence from Shenzhen Carbon Market in China

Table 3

Descriptive statistics.

	RCARBON	RCOAL	RGIS
Mean	–0.00055	0.000214	0.000517
Median	–0.000732	0.000	0.001399
Maximum	1.963503	0.114399	0.058925
Minimum	–1.789769	–0.15544	–0.099137
Std. Dev.	0.246616	0.014475	0.017925
Skewness	0.04929	–1.157113	–0.820549
Kurtosis	17.40322	21.0647	6.682545
Jarque-Bera	13830.83	22112.61	1083.623
Probability	≤0.001	≤0.001	≤0.001
Sum	–0.879282	0.342389	0.827617
Sum Sq. Dev.	97.25	0.335015	0.513758
Observations	1600	1600	1600