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

Table 4

Descriptive statistics for the high-order moments coefficients of joint distribution between carbon market and its infected markets.

	State	EUAs	DJIX	EURUSD	USDX	Coal	Oil	Gas	Electricity
Coskewness12	S1	0.115	−0.011	−0.004	−0.049	0.124	−0.037	0.513	0.056
	S3	−0.141	0.063	−0.058	−0.061	−0.082	−0.078	−0.141	−0.306
	S2	−0.657	−0.805	−0.165	−0.342	−0.97	−0.439	−0.177	−0.367
Coskewness21	S1	0.111	0.085	−0.021	0.039	0.046	−0.045	0.008	−0.058
	S3	−0.084	−0.052	−0.042	0.047	−0.014	−0.041	−0.036	−0.057
	S2	−0.406	−0.026	−0.158	−0.103	0.014	−0.135	−0.032	−0.014
Cokurtosis13	S1	1.925	−0.236	0.675	−0.813	0.069	0.601	3.372	0.463
	S3	2.010	−1.028	0.298	−0.53	0.491	1.167	0.239	0.521
	S2	4.903	1.810	0.362	−0.011	0.917	3.392	1.276	2.594
Cokurtosis31	S1	1.604	0.009	0.483	−0.446	0.513	0.319	0.244	0.238
	S3	1.784	0.145	0.121	−0.211	0.163	0.285	0.373	0.352
	S2	3.421	0.451	1.188	1.101	0.113	0.578	0.591	0.437