Does temperature influence the carbon index? Evidences from India

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...

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Bibliographic Details
Published in:Journal of public affairs 2021-02, Vol.21 (1), p.n/a
Main Authors: Kathiravan, Chinnadurai, Selvam, Murugesan, Maniam, Balasundram, Venkateswar, Sankaran, Sigo, Marxia Oli
Format: Article
Language:English
Subjects:
Carbon
Causality
Indexes
Investors
Statistics
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Summary: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.
ISSN:1472-3891
1479-1854
DOI:10.1002/pa.2117