The Clean Development Mechanism and the International Diffusion of Technologies: An Empirical Study
The Clean Development Mechanism (CDM) is expected to stimulate the North-South transfer of climate-friendly technologies. This paper provides an assessment of the technology transfers that take place through the CDM using a unique data set of 644 registered projects. It provides a detailed description of the transfers (frequency, type, by sector, by host country, etc.). It also includes an econometric analysis of their drivers. We show that transfer likeliness increases with the size of the projects. The transfer probability is 50% higher in projects implemented in a subsidiary of Annex 1 companies while the presence of an official credit buyer has a lower – albeit positive – impact. The analysis also yields interesting results on how technological capabilities of the host country influence technology diffusion in the CDM.
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- Worrell, Ernst & van Berkel, Rene & Fengqi, Zhou & Menke, Christoph & Schaeffer, Roberto & O. Williams, Robert, 2001. "Technology transfer of energy efficient technologies in industry: a review of trends and policy issues," Energy Policy, Elsevier, vol. 29(1), pages 29-43, January.
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- Daniele Archibugi & Alberto Coco, 2004.
"A New Indicator of Technological Capabilities for Developed and Developing Countries (ArCo),"
SPRU Working Paper Series
111, SPRU - Science and Technology Policy Research, University of Sussex.
- Archibugi, Daniele & Coco, Alberto, 2004. "A New Indicator of Technological Capabilities for Developed and Developing Countries (ArCo)," World Development, Elsevier, vol. 32(4), pages 629-654, April.
- Daniele Archibugi & Alberto Coco, 2004. "A New Indicator of Technological Capabilities for Developed and Developing Countries (ArCo)," CEIS Research Paper 44, Tor Vergata University, CEIS.
- Yang, Zili & Nordhaus, William D., 2006. "Magnitude and direction of technological transfers for mitigating GHG emissions," Energy Economics, Elsevier, vol. 28(5-6), pages 730-741, November.
- Blackman, Allen, 1999. "The Economics of Technology Diffusion: Implications for Climate Policy in Developing Countries," Discussion Papers dp-99-42, Resources For the Future.
- Raubenheimer, Stefan & Michaelowa, Axel & Jahn, Michael & Liptow, Holger, 2004. "Measuring the Potential of Unilateral CDM : A Pilot Study," HWWA Discussion Papers 263, Hamburg Institute of International Economics (HWWA).
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