Technology transfers in the Clean Development Mechanism: an incentives issue
AbstractThe Clean Development Mechanism (CDM) offers abatement cost savings under the Kyoto Protocol by allowing credits for emission reductions obtained in signatory developing countries. The paper argues that technology transfers can improve incentives for cost-effective emission reductions under bilateral CDM contracts when there is asymmetric information between the investor and the host party.JEL classification: Q20; D82
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Bibliographic InfoArticle provided by Cambridge University Press in its journal Environment and Development Economics.
Volume (Year): 7 (2002)
Issue (Month): 03 (July)
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- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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- Matthieu Glachant & Yann Ménière, 2011. "Project Mechanisms and Technology Diffusion in Climate Policy," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 49(3), pages 405-423, July.
- Doranova, Asel & Costa, Ionara & Duysters, Geert, 2010. "Knowledge base determinants of technology sourcing in clean development mechanism projects," Energy Policy, Elsevier, vol. 38(10), pages 5550-5559, October.
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- Hagem, Cathrine, 2009. "The clean development mechanism versus international permit trading: The effect on technological change," Resource and Energy Economics, Elsevier, vol. 31(1), pages 1-12, January.
- Thierry Brechet & Yann Meniere & Pierre M. Picard, 2012.
"The Clean Development Mechanism in a Global Carbon Market,"
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CE3S-06/12, European University at St. Petersburg, Department of Economics.
- BRECHET, Thierry & meniere, Yann & PICARD, Pierre M., 2012. "The clean development mechanism in a global carbon market," CORE Discussion Papers 2012040, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Bayramoglu, Basak & Jacques, Jean-François, 2012. "International negotiations on the environment : Uniform vs. differentiated standards," Economics Papers from University Paris Dauphine 123456789/4069, Paris Dauphine University.
- Cathrine Hagem, 2007. "The clean development mechanism versus international permit trading: the effect on technological change," Discussion Papers 521, Research Department of Statistics Norway.
- Thierry Bréchet & Yann Ménière & Pierre M. Picard, 2011. "The clean development mechanism in a globalized carbon market," CREA Discussion Paper Series 11-12, Center for Research in Economic Analysis, University of Luxembourg.
- Doranova, Asel & Costa, Ionara & Duysters, Geert, 2009. "Knowledge Base Determinants of Technology Sourcing in the Clean Development Mechanism Projects," MERIT Working Papers 015, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
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