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Estimation of a term structure model of carbon prices through state spaces methods: a pitch
Accounting Research Journal Pub Date : 2020-12-09 , DOI: 10.1108/arj-08-2020-0278
Thomas William Aspinall , Adrian Gepp , Geoff Harris , Simone Kelly , Colette Southam , Bruce Vanstone

Purpose

The pitching research template (PRT) is designed to help pitchers identify the core elements that form the framework of any research project. This paper aims to provide a brief commentary on an application of the PRT to pitch an environmental finance research topic with a personal reflection on the pitch exercise discussed.

Design/methodology/approach

This paper applies the PRT developed by Faff (2015, 2019) to a research project on estimating the strength of carbon pricing signals under the European Union Emissions Trading Scheme.

Findings

The PRT is found to be a valuable tool to refine broad ideas into impactful and novel research contributions. The PRT is recommended for use by all academics regardless of field and particularly PhD students to structure and communicate their research ideas. The PRT is found to be particularly well suited to pitch replication studies, as it effectively summarizes both the “idea” and proposed “twist” of a replication study.

Originality/value

This letter is a reflection on a research teams experience with applying the PRT to pitch a replication study at the 2020 Accounting and Finance Association of Australia and New Zealand event. This event focused on replicable research and was a unique opportunity for research teams to pitch their replication research ideas.



中文翻译:

通过状态空间方法估算碳价格的期限结构模型:基音

目的

投球研究模板(PRT)旨在帮助投手识别构成任何研究项目框架的核心要素。本文旨在简要介绍一下PRT在推广环境金融研究主题方面的应用,并对所讨论的推广活动进行个人反思。

设计/方法/方法

本文将Faff(2015,2019)开发的PRT应用于一项研究项目,该研究项目根据欧盟排放交易计划估算碳定价信号的强度。

发现

人们发现PRT是将广泛的想法提炼成有影响力的新颖研究成果的宝贵工具。建议所有学科领域的所有学者(尤其是博士生)都使用PRT来组织和交流他们的研究思想。PRT被发现特别适合于音高复制研究,因为它有效地总结了复制研究的“想法”和拟议的“扭曲”。

创意/价值

这封信反映了研究团队在澳大利亚和新西兰的2020年会计与金融协会活动中应用PRT进行复制研究的经验。本次活动的重点是可复制的研究,这是研究团队提出其复制研究思想的独特机会。

更新日期:2020-12-09
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