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Jia-Wei Xu

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Open access Oct 2026

Does Trading Volume Improve Carbon Price Risk Forecasts? Evidence from China

Reliable forecasts of carbon price fluctuations can help firms plan allowance purchases as emissions trading expands. We examine whether allowance trading volume, the quantity of emission permits traded, improves forecasts of the size of the next recorded price change, regardless of its direction. We compare models usi...

Zi-Yuan Yuan, Jia-Wei Xu · 0 citations

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