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Does temperature influence the carbon index? Evidences from India
Author(s) -
Kathiravan Chinnadurai,
Selvam Murugesan,
Maniam Balasundram,
Venkateswar Sankaran,
Sigo Marxia Oli
Publication year - 2021
Publication title -
journal of public affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.221
H-Index - 20
eISSN - 1479-1854
pISSN - 1472-3891
DOI - 10.1002/pa.2117
Subject(s) - index (typography) , granger causality , unit root test , statistics , unit root , descriptive statistics , ordinary least squares , mathematics , investment (military) , test (biology) , regression analysis , sample (material) , econometrics , economics , biology , computer science , political science , chemistry , cointegration , world wide web , paleontology , chromatography , politics , law
The present study investigates the impact of temperature, on the returns of the Carbon Index, otherwise called BSE GREENEX in India. The study employed the secondary data of temperature in five sample cities (Chennai, Delhi, Hyderabad, Kolkata, and Mumbai), and the BSE GREENEX in India. Statistical tools like Descriptive Statistics, Unit Root, OLS Regression Test, and Granger Causality Test, were used. This study would be useful for the investors to make green investment in India.