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| Rahman, Shaikh Mahfuzur; Larson, Donald F.; Dinar, Ariel. |
| This paper examines the cost structure of emissions abatement through different types of Clean Development Mechanism (CDM) projects. Alternative models for abatement costs are specified and estimated using CDM project-specific data. Empirical results indicate that there exist economies of scale in emission abatement through the CDM projects, and that the marginal cost of abatement significantly varies across different types of projects. The distribution of various CDM project types corresponds to the relative attractiveness of the types, in terms of the structure of the estimated marginal cost function. Thus, empirical results suggest that the CDM market operates efficiently and sends the right signals to the investors, which further explains the shying... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Cost Emissions Abatement Clean Development Mechanism; Environmental Economics and Policy. |
| Ano: 2009 |
URL: http://purl.umn.edu/49397 |
