Estimation of a term structure model of carbon prices through state spaces methods: a pitch
ISSN: 1030-9616
Article publication date: 9 December 2020
Issue publication date: 8 February 2021
Abstract
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.
Keywords
Acknowledgements
Funding provided by the Australian Government Department of Education, Skills, and Employment through the Research Training Program (RTP) Scholarship to Thomas Aspinall. Thank you to the AFAANZ 2020 Shark Tank panel for their helpful insights and suggestions.
Citation
Aspinall, T.W., Gepp, A., Harris, G., Kelly, S., Southam, C. and Vanstone, B. (2021), "Estimation of a term structure model of carbon prices through state spaces methods: a pitch", Accounting Research Journal, Vol. 34 No. 1, pp. 106-112. https://doi.org/10.1108/ARJ-08-2020-0278
Publisher
:Emerald Publishing Limited
Copyright © 2020, Emerald Publishing Limited