EconPapers    
Economics at your fingertips  
 

Is the Clean Development Mechanism Effective for Emission Reductions?

Jingjing He, Yongfu Huang () and Finn Tarp ()

No 73, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This research studies whether the Clean Development Mechanism (CDM) of the Kyoto Protocol achieves its objective of emission reductions in the host countries. It empirically investigates the impacts of CDM projects on CO? emission reductions for 60 CDM host countries over 2005-10. This research makes use of the newly-developed econometric methods for dynamic panel data models associated with X-differencing procedure. It provides evidence in support of a decline in CO? emissions in the CDM host countries. It has important policy implications that encourage the international community to support developing countries´ efforts towards low-carbon development via CDM projects.

Keywords: Climatic changes; Econometrics; Environment (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene, nep-env and nep-ppm
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/wp2012-073.pdf

Related works:
Journal Article: Is the Clean Development Mechanism effective for emission reductions? (2014) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp2012-73

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Mauricio Roa Grisales ().

 
Page updated 2019-12-10
Handle: RePEc:unu:wpaper:wp2012-73