Agricultural Sector Input Technical Coefficients, Demand Changes and CO2 Emissions after the Financial Crisis: Environmental Input-Output Growth Factor Model Approach

Authors

  • Cheng-Yih Hong Department of Finance, Chaoyang University of Technology, Taichung, Taiwan
  • Yi-Chain Lee
  • Ming-Che Tsai
  • Yi-Chi Tsai

Abstract

The agricultural sector has been declining year by year with the proportion of economic growth and GDP. The financial crisis in 2007 caused huge losses in the world's economies. Taiwan cannot avoid economic damage. In the future, the way from agriculture to production needs to be transformed. This study uses the Environmental Input-Output Growth Factor model to estimate the changes in CO2 emissions in the agricultural sector before and after the financial crisis, and summarizes the changing factors to observe the development characteristics of the agricultural sector. The results show that there are differences in the influencing factors before and after the financial crisis. The biggest influencing factors are “domestic final demand” and “production input technical coefficients”.

Keywords: Agricultural Sector, CO2 Emission, Input Technical Coefficients, Environmental Input-Output Growth Factor model

JEL Classifications: Q15, C6, Q5

DOI: https://doi.org/10.32479/ijeep.7029

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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

2018-10-28

How to Cite

Hong, C.-Y., Lee, Y.-C., Tsai, M.-C., & Tsai, Y.-C. (2018). Agricultural Sector Input Technical Coefficients, Demand Changes and CO2 Emissions after the Financial Crisis: Environmental Input-Output Growth Factor Model Approach. International Journal of Energy Economics and Policy, 8(6), 339–345. Retrieved from https://econjournals.com/index.php/ijeep/article/view/7029

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