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- W2364155672 abstract "Low-carbon technology transfer(TT) by CDM is most important to Chinese enterprises' technological progress and China's mission of energy-saving and emission-reduction.Based on a two-step empirical study via Logit Model,this paper investigates the influencing factors of TT in China's CDM projects and their mechanisms.It is found that the ultimate driving forces for TT lie in CER revenues,through which TT can be further influenced by other factors including project size,CER prices and their formation mechanism,type of buyers and their market power,as well as fees imposed on CER revenues by the Chinese government.It is also found that TT can be facilitated with consultation provided by carbon traders,research institutes or government departments.In addition,CER traders can promote TT by virtue of specialization in CDM or efficiency in allocation of resources.To the contrary,TT can be significantly retarded if financial institutes acting as traders manipulate CER prices,or if a project is located in least developed regions where a new type of market failure arises from enterprises' pure pursuit for short-term interests.Furthermore,odds of TT can be reduced with the accumulation of existing similar projects.Finally,this paper proposes suggestions on countermeasures." @default.
- W2364155672 created "2016-06-24" @default.
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- W2364155672 date "2011-01-01" @default.
- W2364155672 modified "2023-09-26" @default.
- W2364155672 title "ANALYSIS OF LOW-CARBON TECHNOLOGY TRANSFER BY CDM:AN EMPIRICAL STUDY FROM CHINA" @default.
- W2364155672 hasPublicationYear "2011" @default.
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