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

Abstract

Taiwan has exposed the vulnerability of its economy during the 2008 financial crisis. The issues on democratization, the rise of citizen��s consciousness and environmental protection have received well attention. The symbiosis of economic activity and environment has failed to meet current needs. We combine the Habitat Segregation Theory and the Spiral Pattern of Economic Development to serve as a mode of the�@co-evolution of economic activities and environment. Furthermore, this study employs a dynamic 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 (1) the investment multiplier of governmental R&D and private equipmentinvestment, (2) the difference in the employment creation effect of governmental R&D and private�@equipment investment and (3) The CO2 emission of both governmental R&D and private equipment�@investment, and further to propose the direction of Taiwan's industrial development.

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Author Information
Chung-Huang Huang , Taiwan Research Institute & Taiwan Association of Environmental and Resource Economics, Taiwan
Cheng-Yih Hong, Chaoyang University of Technology, Taiwan
Han-Pang Su, Taiwan Research Institute, Taiwan
Chin-Wen Yang, Taiwan Research Institute, Taiwan
Jian-Fa Li, Chaoyang University of Technology, Taiwan

• Category: ECSEE2016, Oral Presentation, Paper Available
• Tag: Energy Economics and Ecological Economics

Posted by James Alexander Gordon

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