Publication:
Transaction Costs of Low-Carbon Technologies and Policies : The Diverging Literature

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dc.contributor.authorMundaca, Luis
dc.contributor.authorMansoz, Mathilde
dc.contributor.authorNeij, Lena
dc.contributor.authorTimilsina, Govinda R.
dc.date.accessioned2013-10-01T21:07:58Z
dc.date.available2013-10-01T21:07:58Z
dc.date.issued2013-08
dc.description.abstractTransaction costs are major challenge to moving forward toward low-carbon economic growth, as new technologies or policies tend to have higher transaction costs compared with those in the business as usual situation. However, neither a well-developed theoretical foundation nor a consensus interpretation is available for those transaction costs in the existing literature. The definitions and therefore the estimations of transaction costs vary across existing studies. The wide variations in the estimates could be attributed to several factors such as the very definitions and scope of transaction costs considered in the studies, the methodology for quantifying these costs, the type and size of low-carbon technologies, and complexities involved in the transactions. Nevertheless, the existing literature converges on addressing market failures, such as lack of information, in developing regulatory and institutional capacity to enhance private sector confidence in energy efficiency business as a key means to help reduce the transaction costs of low-carbon technologies.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/08/18096361/transaction-costs-low-carbon-technologies-policies-diverging-literature
dc.identifier.doi10.1596/1813-9450-6565
dc.identifier.urihttps://hdl.handle.net/10986/15998
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6565
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABATEMENT
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE COSTS
dc.subjectADMINISTRATIVE PROCEDURES
dc.subjectAGRICULTURAL COMMODITIES
dc.subjectAGRICULTURE
dc.subjectALLOWANCE TRADING
dc.subjectAPPROACH
dc.subjectAUDITS
dc.subjectAVAILABILITY OF CREDIT
dc.subjectBALANCE
dc.subjectBASELINE EMISSIONS
dc.subjectBENCHMARKS
dc.subjectBIOGAS
dc.subjectBIOLOGICAL DIVERSITY
dc.subjectBIOMASS
dc.subjectBOILER
dc.subjectBOUNDED RATIONALITY
dc.subjectBROKER
dc.subjectBROKERAGE
dc.subjectBROKERAGE FIRMS
dc.subjectBROKERS
dc.subjectBUSINESS ACTIVITIES
dc.subjectBUYER
dc.subjectBUYERS
dc.subjectCAPACITY FACTOR
dc.subjectCARBON
dc.subjectCARBON ABATEMENT
dc.subjectCARBON EMISSIONS
dc.subjectCARBON MARKET
dc.subjectCARBON REDUCTIONS
dc.subjectCERTIFICATE
dc.subjectCERTIFICATES
dc.subjectCERTIFIED EMISSION REDUCTION
dc.subjectCHECKS
dc.subjectCLEAN DEVELOPMENT MECHANISM
dc.subjectCLEAN ENERGY
dc.subjectCLEAN ENERGY TECHNOLOGIES
dc.subjectCOLLECTIVE ACTION
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMODITIES
dc.subjectCOMPACT FLUORESCENT LAMPS
dc.subjectCOMPETITIVE MARKET
dc.subjectCOMPLIANCE COSTS
dc.subjectCONCEPTUAL FRAMEWORK
dc.subjectCONSUMERS
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCONTRACTUAL AGREEMENT
dc.subjectCOST ANALYSES
dc.subjectCOST OF ENERGY
dc.subjectCUSTOMER SATISFACTION
dc.subjectDATA PROCESSING
dc.subjectDECISION MAKING
dc.subjectDEFORESTATION
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDOMAIN
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC ASSETS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC INSTRUMENTS
dc.subjectECONOMIC LIFE
dc.subjectEFFICIENCY IMPROVEMENTS
dc.subjectEFFICIENCY INVESTMENTS
dc.subjectELECTRICITY
dc.subjectELECTRICITY GENERATION
dc.subjectELECTRICITY PRICE
dc.subjectELECTRICITY PRODUCERS
dc.subjectEMISSION
dc.subjectEMISSION REDUCTION
dc.subjectEMISSION REDUCTIONS
dc.subjectEMISSIONS
dc.subjectEMISSIONS REDUCTION
dc.subjectEMISSIONS REDUCTIONS
dc.subjectEMPIRICAL STUDIES
dc.subjectEND USERS
dc.subjectEND-USERS
dc.subjectENERGY AUDIT
dc.subjectENERGY CONSERVATION
dc.subjectENERGY DEMAND
dc.subjectENERGY EFFICIENCY
dc.subjectENERGY EFFICIENCY IMPROVEMENTS
dc.subjectENERGY EXPENDITURE
dc.subjectENERGY PRICES
dc.subjectENERGY SAVINGS
dc.subjectENFORCEMENT OF CONTRACTS
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL ECONOMICS
dc.subjectEQUILIBRIUM
dc.subjectEQUIPMENT
dc.subjectEQUIPMENTS
dc.subjectEXCLUSIVE RIGHTS
dc.subjectEXPENDITURES
dc.subjectFINANCIAL BENEFITS
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SUPPORT
dc.subjectFINANCIAL SUSTAINABILITY
dc.subjectFIXED COSTS
dc.subjectFORECASTS
dc.subjectFORESTRY
dc.subjectFUEL
dc.subjectGOVERNMENT POLICY
dc.subjectGREENHOUSE GAS
dc.subjectGREENHOUSE GASES
dc.subjectHEAT
dc.subjectHEATING SYSTEM
dc.subjectHOST COUNTRY
dc.subjectHYDROPOWER
dc.subjectINSTALLATION
dc.subjectINSTALLATIONS
dc.subjectINSTITUTIONAL BARRIERS
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINSTITUTIONAL FRAMEWORK
dc.subjectINSTITUTIONAL FRAMEWORKS
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANK
dc.subjectISSUANCE
dc.subjectLANDOWNERS
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL FRAMEWORKS
dc.subjectLEGAL SYSTEM
dc.subjectLIMITED ACCESS
dc.subjectLIQUIDITY
dc.subjectMARGINAL COST
dc.subjectMARKET CONDITIONS
dc.subjectMARKET FAILURE
dc.subjectMARKET FAILURES
dc.subjectMARKET LIQUIDITY
dc.subjectMARKET MECHANISMS
dc.subjectMARKET PRICE
dc.subjectMARKET TRANSACTIONS
dc.subjectMARKETING
dc.subjectMATURITY
dc.subjectNATURAL GAS
dc.subjectNATURAL RESOURCE
dc.subjectNATURAL RESOURCES
dc.subjectNEGATIVE EXTERNALITIES
dc.subjectNEW TECHNOLOGIES
dc.subjectNICHE MARKETS
dc.subjectNUCLEAR SAFETY
dc.subjectOPEN ACCESS
dc.subjectOPPORTUNITY COSTS
dc.subjectPILOT TESTING
dc.subjectPOLICY DECISIONS
dc.subjectPOLICY INSTRUMENTS
dc.subjectPOLICY MAKERS
dc.subjectPORTFOLIO
dc.subjectPOWER
dc.subjectPRICE INFORMATION
dc.subjectPRICE RISK
dc.subjectPRICE UNCERTAINTY
dc.subjectPRIVATE SECTOR
dc.subjectPROCESS INFORMATION
dc.subjectPRODUCERS
dc.subjectPRODUCT AVAILABILITY
dc.subjectPRODUCT INFORMATION
dc.subjectPRODUCTION COSTS
dc.subjectPROJECT MANAGEMENT
dc.subjectPROPERTY RIGHT
dc.subjectPROPERTY RIGHTS
dc.subjectPROTOCOL
dc.subjectPROTOTYPE
dc.subjectQUOTAS
dc.subjectREDUCING EMISSIONS
dc.subjectREGISTRY
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY FRAMEWORKS
dc.subjectRELIABILITY
dc.subjectRENEGOTIATION
dc.subjectRENEWABLE ENERGY
dc.subjectRENEWABLE ENERGY PRODUCERS
dc.subjectRENEWABLE ENERGY PRODUCTION
dc.subjectRENEWABLE ENERGY TECHNOLOGIES
dc.subjectRENEWABLE ENERGY TECHNOLOGY
dc.subjectRENEWABLE PORTFOLIO STANDARD
dc.subjectRESERVE
dc.subjectRESIDENTIAL ENERGY
dc.subjectRESOURCE MANAGEMENT
dc.subjectRESULT
dc.subjectRESULTS
dc.subjectROLE OF INSTITUTIONS
dc.subjectSEARCH
dc.subjectSENSITIVE INFORMATION
dc.subjectSENSITIVITY ANALYSES
dc.subjectSHARE VALUE
dc.subjectSOLAR ENERGY
dc.subjectSTANDARDIZATION
dc.subjectSTATISTICAL DATA
dc.subjectSUGAR CANE
dc.subjectSUPERVISION
dc.subjectTARGETS
dc.subjectTAX
dc.subjectTAXONOMY
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTECHNOLOGY IMPLEMENTATION
dc.subjectTELEPHONE
dc.subjectTOTAL COSTS
dc.subjectTRADABLE PERMIT
dc.subjectTRADING COSTS
dc.subjectTRADING SYSTEMS
dc.subjectTRANSACTION
dc.subjectTRANSACTION COST
dc.subjectTRANSACTION COSTS
dc.subjectTRANSACTIONS COSTS
dc.subjectTRANSFER OF PROPERTY RIGHTS
dc.subjectTRUST FUND
dc.subjectUSER
dc.subjectUSERS
dc.subjectUSES
dc.subjectUTILITIES
dc.subjectVERIFICATION
dc.subjectVERTICAL INTEGRATION
dc.subjectWEALTH
dc.subjectWEB
dc.subjectWEB SITES
dc.subjectWIND
dc.subjectWIND ENERGY
dc.subjectWIND FARM
dc.subjectWIND POWER
dc.titleTransaction Costs of Low-Carbon Technologies and Policies : The Diverging Literatureen
dspace.entity.typePublication
okr.crossref.titleTransaction Costs of Low-Carbon Technologies and Policies: The Diverging Literature
okr.date.disclosure2013-08-01
okr.date.doiregistration2025-04-10T12:02:14.414528Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2013/08/18096361/transaction-costs-low-carbon-technologies-policies-diverging-literature
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeFinance and Markets
okr.globalpracticeTransport and ICT
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeEnergy and Extractives
okr.guid903121468162285896
okr.identifier.doi10.1596/1813-9450-6565
okr.identifier.externaldocumentum000158349_20130809083253
okr.identifier.internaldocumentum18096361
okr.identifier.reportWPS6565
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/08/09/000158349_20130809083253/Rendered/PDF/WPS6565.pdfen
okr.sectorEnergy efficiency in Heat and Power
okr.sectorEnergy and mining
okr.themeEnvironment and natural resources management :: Climate change
okr.themeEnvironment and natural resource management
okr.topicPrivate Sector Development::E-Business
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicEconomic Theory and Research
okr.topicEnergy::Energy Production and Transportation
okr.topicEnvironmental Economics and Policies
okr.topicMacroeconomics and Economic Growth
okr.topicEnvironment
okr.unitEnvironment and Energy Team (DECEE), Development Research Group
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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