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Sustainable Development in Developing Countries

Hedbrandh, Marcus LU (2015) NEKH01 20151
Department of Economics
Abstract (Swedish)
In order to assist developed countries in reaching their emission reduction targets, and to help developing countries onto a sustainable path of development, the United Nations Framework Convention on Climate Change established a market for credits generated from emission reductions. However, since its conception, a majority of the projects implemented have gone to emerging economies such as China, India, Brazil, and Mexico, and very few to Least Developed Countries. The purpose of this paper is to examine what country-related factors that might contribute in attracting these type of investments. The study is carried out by performing an Ordinary Least Squares regression analysis using fixed effects. The panel data used involves 111... (More)
In order to assist developed countries in reaching their emission reduction targets, and to help developing countries onto a sustainable path of development, the United Nations Framework Convention on Climate Change established a market for credits generated from emission reductions. However, since its conception, a majority of the projects implemented have gone to emerging economies such as China, India, Brazil, and Mexico, and very few to Least Developed Countries. The purpose of this paper is to examine what country-related factors that might contribute in attracting these type of investments. The study is carried out by performing an Ordinary Least Squares regression analysis using fixed effects. The panel data used involves 111 countries during a time period of 7 years. In the study I found that the size of an economy positively affects the amount of investments, as well as the extent of trade a country is engaged in. Regarding a country's economic- and political stability, high levels of corruption and inflation can be harmful for the overall investment climate. (Less)
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author
Hedbrandh, Marcus LU
supervisor
organization
alternative title
Estimating Determinants for Investments under the Clean Development Mechanism
course
NEKH01 20151
year
type
M2 - Bachelor Degree
subject
keywords
Sustainable Development, Clean Development Mechanism, CDM.
language
English
id
5470799
date added to LUP
2015-06-30 15:28:37
date last changed
2015-06-30 15:28:37
@misc{5470799,
  abstract     = {In order to assist developed countries in reaching their emission reduction targets, and to help developing countries onto a sustainable path of development, the United Nations Framework Convention on Climate Change established a market for credits generated from emission reductions. However, since its conception, a majority of the projects implemented have gone to emerging economies such as China, India, Brazil, and Mexico, and very few to Least Developed Countries. The purpose of this paper is to examine what country-related factors that might contribute in attracting these type of investments. The study is carried out by performing an Ordinary Least Squares regression analysis using fixed effects. The panel data used involves 111 countries during a time period of 7 years. In the study I found that the size of an economy positively affects the amount of investments, as well as the extent of trade a country is engaged in. Regarding a country's economic- and political stability, high levels of corruption and inflation can be harmful for the overall investment climate.},
  author       = {Hedbrandh, Marcus},
  keyword      = {Sustainable Development,Clean Development Mechanism,CDM.},
  language     = {eng},
  note         = {Student Paper},
  title        = {Sustainable Development in Developing Countries},
  year         = {2015},
}