[Retracted] High-Order Moment Contagion of the Carbon Market: A Heterogeneity Analysis of Market Volatility Trend

Table 1

The designing of research samples.

Specific market	Typical market products	Abbreviation	Meaning of market products
Panel A: sourced market and data from intercontinental exchange (ICE)
Carbon market	EUA future market	EUAf	Settlement price of continuous futures contract of EUA
Panel B: infected market and data from Wind Database
Carbon homogeneous market	EUA spot market	EUAs	Settlement price of continuous spots contract of EUA
Capital market	Dow jones industrial average	DJIA	Closing price of DJIA from the US
	EURUSD	EURUSD	Closing price of EURUSD
	USD-index	USDX	Closing price of USDX
Energy market	Coal market	Coal	Futures settlement price of British thermal coal
	Brent oil market	Oil	Futures settlement price of Brent crude oil
	Natural gas market	Gas	UK natural gas continuous futures prices
	Electricity market	Electricity	US electricity retail prices