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Luo, K., Ren-Dao Ye, R.D. “The Efficiency Improvement in Low-carbon Technology Innovation of Chinese Enterprises under CDM: an Empirical Study based on DEA Assessments”, Journal of Finance and Economics, 2017, 5(6): 310-315.

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Article

Influencing Factors of CDM’s Performances in Efficiency Improvement of Low-carbon Technology Innovation in China

1Alibaba Business College, Hangzhou Normal University, Hangzhou, China

2College of Economics, Hangzhou Dianzi University, Hangzhou, China


Journal of Business and Management Sciences. 2018, Vol. 6 No. 2, 36-42
DOI: 10.12691/jbms-6-2-2
Copyright © 2018 Science and Education Publishing

Cite this paper:
Kun LUO, Rendao YE. Influencing Factors of CDM’s Performances in Efficiency Improvement of Low-carbon Technology Innovation in China. Journal of Business and Management Sciences. 2018; 6(2):36-42. doi: 10.12691/jbms-6-2-2.

Correspondence to: Kun  LUO, Alibaba Business College, Hangzhou Normal University, Hangzhou, China. Email: olivelk@163.com

Abstract

We firstly look into the current status of CDM practices and low-carbon technology innovation efficiency in China. Then several influencing factors of CDM’s performances in efficiency improvement are put forward, and further verified in our empirical analysis. Using a logit model, we find that project number, scale and type, CER issuance and success rate, CER price and returns to investments, as well as economic development of host regions, have significant impacts on the probability of efficiency improvement. Impacts of these factors on the rate of efficiency improvement are also estimated.

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