WP/072 Is the Clean Development Mechanism Promoting Sustainable Development?
Publikation: Working paper › Forskning
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WP/072 Is the Clean Development Mechanism Promoting Sustainable Development? / Huang, Yongfu ; He , Jingjing; Tarp, Finn.
Helsinki : UNU-WIDER, 2012.Publikation: Working paper › Forskning
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TY - UNPB
T1 - WP/072 Is the Clean Development Mechanism Promoting Sustainable Development?
AU - Huang, Yongfu
AU - He , Jingjing
AU - Tarp, Finn
N1 - JEL classification: O19, Q54, Q56
PY - 2012/8
Y1 - 2012/8
N2 - One of the dual objectives of the Clean Development Mechanism (CDM) of the Kyoto Protocol is to promote sustainable development in the host countries. With different CDM indicators for 58 CDM host countries over 2005-10, this paper empirically assesses whether CDM project development fulfils this objective of sustainable development. Using a unique dynamic panel data method based on long-differences of the model, this research provides evidence in support of significant contribution to sustainable development of CDM projects in the host countries. It sheds light on the role of CDM projects in the process of sustainable development with clear policy implications for developing countries and the wider world.
AB - One of the dual objectives of the Clean Development Mechanism (CDM) of the Kyoto Protocol is to promote sustainable development in the host countries. With different CDM indicators for 58 CDM host countries over 2005-10, this paper empirically assesses whether CDM project development fulfils this objective of sustainable development. Using a unique dynamic panel data method based on long-differences of the model, this research provides evidence in support of significant contribution to sustainable development of CDM projects in the host countries. It sheds light on the role of CDM projects in the process of sustainable development with clear policy implications for developing countries and the wider world.
KW - Faculty of Social Sciences
KW - clean development mechanism
KW - sustainable development
KW - dynamic panel data model
KW - long-differencing
M3 - Working paper
T3 - WIDER Working Paper
BT - WP/072 Is the Clean Development Mechanism Promoting Sustainable Development?
PB - UNU-WIDER
CY - Helsinki
ER -
ID: 43240236