Research Article

How Does the Time-Varying Network Structure Evolve between the EU Carbon Futures Prices and Industrial and Energy-Related Indices? A Study Based on a Time-Varying T-Copula

Figure 8

Clustering effect in dynamic correlation evolutionary networks (community 1 : 27.03%; community 2 : 32.43%; community 3 : 35.14%; community 4 : 5.41%).