Investment, Energy Consumption and CO2 Emissions: An Analysis on the Strategy of Industry Development

Authors

  • Cheng-Yih Hong Department of Finance, Chaoyang University of Technology, Taichung, Taiwan
  • Chung-Huang Huang
  • Jian-Fa Li

Abstract

This study employs a Dynamic Environmental Industry-related Model to estimate the economic spillover effect and the CO2 emissions from both R&D of government and private equipment investment. We classify the industries into four subgroups which are the high economic effect with high emission coefficient, low economic effect with high emission coefficient, low economic effect with low emission coefficient and high economic effect with low emission coefficient. The present study attempts to measure the CO2 emission of both governmental R&D and private equipment investment, and further to propose the direction of Taiwan's industrial development.Keywords: Investment, CO2 Emission Coefficient, Dynamic Environmental Industry-related ModelJEL Classifications: C6, Q50, Q58

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Author Biography

Cheng-Yih Hong, Department of Finance, Chaoyang University of Technology, Taichung, Taiwan

Cheng-Yih Hong is an associate professor in the Department of Finance at Chaoyang University of Technology in Taiwan, R.O.C. He received his Ph.D. degree in agriculture and resource economics from the University of Tokyo, Japan, in 1995. His research areas include industry correlation analysis, service management, tourism management, monetary finance theory, agricultural economics, and East Asian regional economics.

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Published

2017-09-30

How to Cite

Hong, C.-Y., Huang, C.-H., & Li, J.-F. (2017). Investment, Energy Consumption and CO2 Emissions: An Analysis on the Strategy of Industry Development. International Journal of Energy Economics and Policy, 7(4), 138–143. Retrieved from https://econjournals.com/index.php/ijeep/article/view/5262

Issue

Vol. 7 No. 4 (2017)

Section

Articles

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