A Decomposition Analysis of the Korean Manufacturing Sector: Monetary vs. Physical Outputs
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Lee, Junghwan | - |
dc.contributor.author | Kim, Jinsoo | - |
dc.date.accessioned | 2022-07-06T17:42:01Z | - |
dc.date.available | 2022-07-06T17:42:01Z | - |
dc.date.created | 2021-07-14 | - |
dc.date.issued | 2021-06 | - |
dc.identifier.issn | 2071-1050 | - |
dc.identifier.uri | https://scholarworks.bwise.kr/hanyang/handle/2021.sw.hanyang/141840 | - |
dc.description.abstract | This study analyzes the changes in energy consumption of the Korean manufacturing sector using the index decomposition analysis (IDA) method. To capture the production effect based on actual physical activities, we applied the activity revaluation (AR) approach in the analysis. We also developed energy consumption data in terms of primary energy supply to consider conversion loss in the energy sector to avoid any distortions in the intensity effect. The analysis covers every manufacturing subsector in Korea over the period between 2006 and 2018. Combining two distinctive approaches from the previous literature, the AR approach and primary energy-based analysis gives us helpful findings for a climate policy. First, the overall activity effect estimated from the physical output indicator is lower than that from the monetary output indicator. The monetary indicator shows that the share of energy-intensive industries decreases, whereas the physical indicator shows the opposite. Second, in terms of energy efficiency, the intensity effect is estimated as an increasing factor of energy use, whereas inversed results are shown when we use the monetary indicator. Lastly, unlike the previous studies, the AR approach results indicate that Korean manufacturing sectors have been shifting toward an energy-intensive, so it is hard to anticipate positive intensity effects, which means decreasing energy consumption factor, for a while. These results support why analyzing the driving forces of energy consumption through the AR approach and primary energy base is highly recommended. | - |
dc.language | 영어 | - |
dc.language.iso | en | - |
dc.publisher | MDPI | - |
dc.title | A Decomposition Analysis of the Korean Manufacturing Sector: Monetary vs. Physical Outputs | - |
dc.type | Article | - |
dc.contributor.affiliatedAuthor | Kim, Jinsoo | - |
dc.identifier.doi | 10.3390/su13116192 | - |
dc.identifier.scopusid | 2-s2.0-85107838377 | - |
dc.identifier.wosid | 000660705600001 | - |
dc.identifier.bibliographicCitation | SUSTAINABILITY, v.13, no.11, pp.1 - 13 | - |
dc.relation.isPartOf | SUSTAINABILITY | - |
dc.citation.title | SUSTAINABILITY | - |
dc.citation.volume | 13 | - |
dc.citation.number | 11 | - |
dc.citation.startPage | 1 | - |
dc.citation.endPage | 13 | - |
dc.type.rims | ART | - |
dc.type.docType | Article | - |
dc.description.journalClass | 1 | - |
dc.description.isOpenAccess | Y | - |
dc.description.journalRegisteredClass | scie | - |
dc.description.journalRegisteredClass | ssci | - |
dc.description.journalRegisteredClass | scopus | - |
dc.relation.journalResearchArea | Science & Technology - Other Topics | - |
dc.relation.journalResearchArea | Environmental Sciences & Ecology | - |
dc.relation.journalWebOfScienceCategory | Green & Sustainable Science & Technology | - |
dc.relation.journalWebOfScienceCategory | Environmental Sciences | - |
dc.relation.journalWebOfScienceCategory | Environmental Studies | - |
dc.subject.keywordPlus | INDEX DECOMPOSITION | - |
dc.subject.keywordPlus | LMDI DECOMPOSITION | - |
dc.subject.keywordPlus | ENERGY-CONSUMPTION | - |
dc.subject.keywordPlus | CO2 EMISSIONS | - |
dc.subject.keywordPlus | CHINA | - |
dc.subject.keywordPlus | INTENSITY | - |
dc.subject.keywordAuthor | energy efficiency | - |
dc.subject.keywordAuthor | manufacturing | - |
dc.subject.keywordAuthor | index decomposition analysis | - |
dc.subject.keywordAuthor | logarithmic mean Divisia index (LMDI) | - |
dc.subject.keywordAuthor | activity revaluation approach | - |
dc.subject.keywordAuthor | Korea | - |
dc.identifier.url | https://www.mdpi.com/2071-1050/13/11/6192 | - |
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.
222, Wangsimni-ro, Seongdong-gu, Seoul, 04763, Korea+82-2-2220-1365
COPYRIGHT © 2021 HANYANG UNIVERSITY.
Certain data included herein are derived from the © Web of Science of Clarivate Analytics. All rights reserved.
You may not copy or re-distribute this material in whole or in part without the prior written consent of Clarivate Analytics.