A Global Survey and Review of the Determinants of Transaction Costs of Forestry Carbon Projects

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• 作者：Thu-Ha Dang Phan^a ; ^b ; ^{hachanzy@gmail.com} ; Roy Brouwer^b ; ^{rbrouwer@uwaterloo.ca} ; Marc David Davidson^a ; ^{M.D.Davidson@uva.nl}
• 关键词：Transaction costs ; Institutional design ; Forestry carbon ; REDD ; CDM ; Carbon market
• 刊名：Ecological Economics
• 出版年：2017
• 出版时间：March 2017
• 年：2017
• 卷：133
• 期：Complete
• 页码：1-10
• 全文大小：548 K
• 卷排序：133

文摘

We measured transaction costs incurred by project developers of forestry carbon in monetary and non-monetary terms. We tested if the transaction costs depend on characteristics of the transaction, transactor, and institutional design. TCs are found to be significantly influenced by various factors, especially market type. CDM-market-related projects face significantly higher TCs than non-CDM-related projects.