Analysis of the cooperation of new energy industry between Korea and China

• 영문명: Analysis of the cooperation of new energy industry between Korea and China
• 발행기관: 한국무역연구원
• 저자명: Young-Man Yoon Chi Gong Tianguo Li
• 간행물 정보: 『무역연구』제7권 제1호, 321~342쪽, 전체 22쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2011.03.30

영문 초록

Northeast Asia, one of the main driving engines of the world economy, is experiencing fast economic growth and enhanced living standards. Unfortunately, the region is also consuming a great deal of natural resources and polluting the environment. Therefore, this study focuses on the development of the new energy industry as the basic foundation of green development. However, most types of new energy sources are widely distributed and with low energy density, resulting in their inability to replace fossil energy in a short period. New energy industry development therefore necessitates more investments in technique, capital, and management that emphasize the importance of international cooperation. In this study, we analyze new energy industry cooperation between China and Korea, and forecast the economic effects of this cooperation. To evaluate the necessity of the cooperation, we utilize an intra industry index to build a new index that can represent the relative gains of cooperators from improving energy efficiency. In the process, we emphasize the benefits of new energy cooperation. The vector autoregression model (VAR) helps us find significant relationships among energy cooperation index, trade relations, and GDP. Based on the results, we can quantify the economic effects of new energy industry cooperation between China and Korea.

목차

Abstract

Ⅰ. Introduction

Ⅱ. Literature Review

Ⅲ. New energy development in Northeast Asia

Ⅳ. Empirical studies on the potential cooperation

Ⅴ. The results and interpretation of empirical analysis

Ⅵ. Summary

References

키워드

new energy industry cooperation VAR Impulse response Variance Decomposition