Correlation and Dynamic Volatility Spillover between Green Investing Market, Coal Market, and CO<sub>2</sub> Emissions: Evidence from Shenzhen Carbon Market in China

<table class="table-group" id="tab7"><tr><td><table class="table"><tr><td class="thead-hr" colspan="5"><hr/></td></tr><tr class="thead"><td class="align_left"> </td><td class="align_center">Mean</td><td class="align_center">Median</td><td class="align_center">Maximum</td><td class="align_center">Minimum</td></tr><tr><td class="thead-hr" colspan="5"><hr/></td></tr><tr><td class="align_left">RCARBON and RCOAL</td><td class="align_center">0.18753</td><td class="align_center">0.3871</td><td class="align_center">0.53614</td><td class="align_center">−0.47215</td></tr><tr><td class="align_left">RCARBON and RGIS</td><td class="align_center">0.11657</td><td class="align_center">0.12576</td><td class="align_center">0.4786</td><td class="align_center">−0.69547</td></tr><tr><td class="align_left">RCOAL and RGIS</td><td class="align_center">−0.1347</td><td class="align_center">0.24157</td><td class="align_center">0.49867</td><td class="align_center">−0.35241</td></tr><tr class="table-tr"><td colspan="5"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Descriptive statistics of dynamic conditional correlation coefficient.</div>

Advances in Civil Engineering

tab7

Table 7

Table 7: Correlation and Dynamic Volatility Spillover between Green Investing Market, Coal Market, and CO<sub>2</sub> Emissions: Evidence from Shenzhen Carbon Market in China 

Table 7 | Correlation and Dynamic Volatility Spillover between Green Investing Market, Coal Market, and CO2 Emissions: Evidence from Shenzhen Carbon Market in China 