Exports and Participation in Clean Development Mechanism [CDM] in Technology Intensive Industries in India

Santosh Kumar Sahu and Krishnan Narayanan ()

MPRA Paper from University Library of Munich, Germany

Abstract: This study attempts to find out the relationship between exports and Participation in Clean Development Mechanism [CDM] in the technology intensive industries in India. Data are used from the PROWESS, CMIE and the VCU (Verified Carbon Units) database from 2007 to 2012. Results of this study indicate that firm size, age of the firms, profitability and R&D intensity are the major determinants of export intensity. In addition, technology imports and multinational affiliation also help firms in exporting more. The CDM participation in terms of higher VCU, and energy related technological advancements at firm level are also found to be major determinants of export intensity. India, unlike other established European carbon markets is not a platform for trading but the country is known for its creation of VCU and selling them. Government should focus more on smaller and less profitable firms and create a wider platform for them to be an active participant. Technology spillovers created by bigger and profitable firms which attract more benefits from Verified carbon offsetting should pool the entire interested ready-to-participate firms and attain a common goal, i.e. economically viable and environmentally sustainable and the leaders in the international export market.

Keywords: Exports; CDM; Technology Intensive Indian Manufacturing Industries (search for similar items in EconPapers)
JEL-codes: L15 L52 Q37 Q48 (search for similar items in EconPapers)
Date: 2013-10-16
New Economics Papers: this item is included in nep-cse, nep-ene, nep-env and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/50745/1/193.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:50745

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().