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 PublishingCite 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.comAbstract
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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