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Analysis of the Economy and Environment Efficiencies under the Regulation of Fossil Fuel and Carbon Dioxide Emission

화석에너지와 CO2배출량 규제 하의 경제와 환경의 효율성 분석

  • Kang, Sangmok (Department of Economics, Pusan National University) ;
  • Zhao, Dan (Department of Economics, Pusan National University)
  • 강상목 (부산대학교 경제통상대학 경제학과) ;
  • 조단 (부산대학교 경제통상대학 경제학과)
  • Received : 2013.04.02
  • Accepted : 2013.05.28
  • Published : 2013.06.30

Abstract

The purpose of this paper is to measure economy and environment efficiencies under fossil fuel and environment regulation by countries for 2000-2009. Distinguishing 83 countries with three groups of OECD, upper-middle, and low countries, we compare four models such as environment oriented, economy-oriented, environment-economy oriented, and two-stage types, which include a desirable output, GDP and an undesirable output, pollutant together in the production possibility set. OECD countries relatively showed high economy efficiency and low environment efficiency, whereas Non-OECD countries showed high environment efficiency and low economy efficiency. OECD countries reported a higher possibility to reduce fossil fuel and $CO_2$ emission.

Acknowledgement

Supported by : 한국연구재단

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