Transaction costs of the Kyoto Mechanisms

By A. Michaelowa, Marcus Stronzik, Frauke Eckermann, A. Hunt. 2003

215 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Environmental Engineering, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/b96972e3df59a12bc4365cdb76965c183e7bd807

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Antoine Dechezleprêtre
2. M. Glachant
3. F. Jotzo
4. Yann Ménière
5. A. Michaelowa
6. David Popp
7. Philippe Quirion
8. D. Demailly

In Environmental Engineering

1. F. Jotzo
2. A. Michaelowa
3. Antoine Dechezleprêtre

In Management Science and Operations Research

1. Yann Ménière
2. M. Glachant
3. Antoine Dechezleprêtre

Citations in the corpus

• Estimating the CDM market under the Marrakech Accords (2002, background): “Regarding transaction costs, there is little empirical evidence (Michaelowa and Stronzik, 2002); they will depend on the implementation rules adopted by the CDM Executive Board, and on the efficiency of procedures and institutions at a national level.”
• Emissions Trading, CDM, JI, and More: The Climate Strategy of the EU (2006, background): “There is evidence that transaction costs should not be more than 25% of proceeds from permit sales in order to make a project viable (Michaelowa et al. 2003).”
• Technology transfer by CDM projects: A comparison of Brazil, China, India and Mexico (2009, background): “10 As a general rule, the CDM registration process entails large transaction costs that are fixed and therefore represent a strong impediment to small scale projects (Michaelowa et al., 2003).”