کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
10134665 1645633 2018 10 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The effect of Peru's CDM investments on households' welfare: An econometric approach
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی مهندسی انرژی و فناوری های برق
پیش نمایش صفحه اول مقاله
The effect of Peru's CDM investments on households' welfare: An econometric approach
چکیده انگلیسی
The Clean Development Mechanism (CDM) under the Kyoto Protocol has two main objectives: Reducing emissions of greenhouse gases (GHGs) and contributing to sustainable development (SD) in developing countries. The empirical evidence indicates that the first goal has been fulfilled; however, the literature mostly provides ex-ante evidence regarding the second goal. This paper contributes to the literature by assessing the ex-post quantitative effect that CDM projects have had on SD (employment and monetary welfare) in Peru, a country ranked among the most important CDM investment host countries worldwide. The econometric model estimates the direct and indirect effects of the CDM projects' investments on Peruvian households' monetary welfare for 2011-2015. Our results suggest that CDM investments had a slight effect on household consumption expenditure and had no effect neither on employment nor in poverty alleviation. Our findings suggest the need to strengthen CDM's institutional framework by identifying key development definitions and indicators.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Energy Policy - Volume 123, December 2018, Pages 198-207
نویسندگان
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