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The clean development mechanism and technology transfer to China

Author

Listed:
  • Daniela Marconi

    (Banca d'Italia)

  • Francesca Sanna-Randaccio

    (Sapienza University of Rome)

Abstract

In this study we analyse the role of the Clean Development Mechanism (CDM) established by the Kyoto Protocol in channelling foreign technology to China. The descriptive analysis investigates the sources and the determinants of foreign technology transfer based on the examination of 1,355 registered projects. As key features, we show the prominence of German firms as technology providers and the absence of a strong relationship between technology suppliers and credit buyers. We also discuss the role of leading Chinese and foreign consultants and of major credit buyers. The econometric analysis finds that project size and cost, project location, credit buyers� and consultants� characteristics, as well as technology diffusion are all relevant factors in determining the probability of having a foreign supplier of technology in the respective project.

Suggested Citation

  • Daniela Marconi & Francesca Sanna-Randaccio, 2012. "The clean development mechanism and technology transfer to China," Questioni di Economia e Finanza (Occasional Papers) 129, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:opques:qef_129_12
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    File URL: https://www.bancaditalia.it/pubblicazioni/qef/2012-0129/QEF_129.pdf
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    References listed on IDEAS

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    Cited by:

    1. Francesca Sanna-Randaccio & Roberta Sestini & Ornella Tarola, 2017. "Unilateral Climate Policy and Foreign Direct Investment with Firm and Country Heterogeneity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(2), pages 379-401, June.
    2. Weitzel, Matthias & Liu, Wan-Hsin & Vaona, Andrea, 2013. "Determinants of technology transfer through CDM: The case of China," Kiel Working Papers 1889, Kiel Institute for the World Economy (IfW Kiel).
    3. Consolación Quintana-Rojo & Fernando-Evaristo Callejas-Albiñana & Miguel-Ángel Tarancón & Isabel Martínez-Rodríguez, 2020. "Econometric Studies on the Development of Renewable Energy Sources to Support the European Union 2020–2030 Climate and Energy Framework: A Critical Appraisal," Sustainability, MDPI, vol. 12(12), pages 1-26, June.

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    More about this item

    Keywords

    technology transfer; CDM; climate change; China; FDI;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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