ICT Investment for Energy Use in the Industrial Sectors

ICT Investment for Energy Use in the Industrial Sectors PDF Author: Nabaz T. Khayyat
Publisher: Springer
ISBN: 9811047561
Category : Technology & Engineering
Languages : en
Pages : 174

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Book Description
This book investigates the impact of production input factors on the market, consumer and producer energy demand characteristics in 30 industrial sectors for South Korea over the period 1980–2009, and for Japan over the period 1973-2006, with special emphasis placed on the effects of ICT investment on the demand for energy. A dynamic factor demand model is developed, accounting for the adjustment costs that are defined in terms of forgone output from current production. It addresses four key aspects of production and energy demand in manufacturing: first, it establishes the various relationships between different factors of production. Second, it investigates whether the energy demand in the industrial sectors in South Korea would be decreased or increased by substituting/complementing with other input factors such as ICT capital and labor. Third, it looks at sources of growth in the industrial sectors through decomposing the Divisia index based total factor productivity (TFP). Finally it provides appropriate policy recommendations based on these findings. The results of this study may provide industrial sectors’ stakeholders and environmental and industrial policy makers with a flexible model that has the capacity to assess outcomes of various policies under certain scenarios. The factor demand methodology described in this book is very advanced and up-to-date. It can be used when teaching advanced graduate courses and in empirically advanced research. Therefore, it is highly relevant in both teaching as a main or supplementary text and in particular as a reference handbook in conducting empirical research. The focus on ICT effects on energy use makes this book an important addition to the existing literature on industrial development.

ICT Investment for Energy Use in the Industrial Sectors

ICT Investment for Energy Use in the Industrial Sectors PDF Author: Nabaz T. Khayyat
Publisher: Springer
ISBN: 9811047561
Category : Technology & Engineering
Languages : en
Pages : 174

Get Book Here

Book Description
This book investigates the impact of production input factors on the market, consumer and producer energy demand characteristics in 30 industrial sectors for South Korea over the period 1980–2009, and for Japan over the period 1973-2006, with special emphasis placed on the effects of ICT investment on the demand for energy. A dynamic factor demand model is developed, accounting for the adjustment costs that are defined in terms of forgone output from current production. It addresses four key aspects of production and energy demand in manufacturing: first, it establishes the various relationships between different factors of production. Second, it investigates whether the energy demand in the industrial sectors in South Korea would be decreased or increased by substituting/complementing with other input factors such as ICT capital and labor. Third, it looks at sources of growth in the industrial sectors through decomposing the Divisia index based total factor productivity (TFP). Finally it provides appropriate policy recommendations based on these findings. The results of this study may provide industrial sectors’ stakeholders and environmental and industrial policy makers with a flexible model that has the capacity to assess outcomes of various policies under certain scenarios. The factor demand methodology described in this book is very advanced and up-to-date. It can be used when teaching advanced graduate courses and in empirically advanced research. Therefore, it is highly relevant in both teaching as a main or supplementary text and in particular as a reference handbook in conducting empirical research. The focus on ICT effects on energy use makes this book an important addition to the existing literature on industrial development.

How ICT Investment and Energy Use Influence the Productivity of Korean Industries

How ICT Investment and Energy Use Influence the Productivity of Korean Industries PDF Author: Nabaz T. Khayyat
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

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Book Description
This empirical study examines changes in industrial productivity in Korea between 1980 and 2009, focusing on how investment in information and communication technology (ICT) and energy use, influence productivity levels. A dynamic factor demand model is applied in order to link inter-temporal production decisions by explicitly recognizing that the level of certain factors of production cannot be changed without incurring so-called adjustment costs, defined in terms of forgone output from current production. In particular, we investigate how the ICT-energy relationship affects total factor productivity growth in 30 industrial sectors. Describing industry-specific productivity levels is important for policymakers when the allocation of public investment and support is limited.The results presented herein show that ICT/non-ICT capital investment are substitutes for labor and energy use. We also find a high output growth rate in the sampled sectors, and increasing returns to scale, whose effects on the TFP component are higher than those of technological progress.

Transition to Renewable Energy Systems

Transition to Renewable Energy Systems PDF Author: Detlef Stolten
Publisher: John Wiley & Sons
ISBN: 352767389X
Category : Science
Languages : en
Pages : 882

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Book Description
In this ready reference, top academic researchers, industry players and government officers join forces to develop commercial concepts for the transition from current nuclear or fossil fuel-based energy to renewable energy systems within a limited time span. They take into account the latest science and technology, including an analysis of the feasibility and impact on the environment, economy and society. In so doing, they discuss such complex topics as electrical and gas grids, fossil power plants and energy storage technologies. The contributions also include robust, conceivable and breakthrough technologies that will be viable and implementable by 2020.

Green ICT & Energy

Green ICT & Energy PDF Author: Jaco H. Appelman
Publisher: CRC Press
ISBN: 020312023X
Category : Business & Economics
Languages : en
Pages : 172

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Book Description
This book provides the connection between the growing body of literature on sustainability and the topics of energy and ICT. It aims to show how stakeholders active in this area need to play their part ensuring that the ICT-sector evolves towards a sector that can lead throughgreening by IT and also shows that it cangreen its own IT as well.

Energy Demand in Industry

Energy Demand in Industry PDF Author: Nabaz T Khayyat
Publisher: Springer
ISBN: 9401799539
Category : Technology & Engineering
Languages : en
Pages : 206

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Book Description
The book presents a stochastic analysis based on production risk and application of this method in the industrial sector under production risk where energy use is an input factor. Using South Korea as a case study, the book empirically models energy demand at the industrial level and analyzes the results to identify key determinants of energy demand, productions level, productions risk and energy usage efficiency. Particular attention is paid to the factors that enhance production risk or increase variations in energy input during production. A dynamic panel model is specified and applied to 25 Korean industrial sectors over the period 1970-2007. The determinants of energy usage are identified and their effects in the form of elasticities of energy usage are estimated. In addition the structural changes in the energy demand pattern are explored. Stochastic production technology is applied to create two primary models: A production model where the energy usage is a determinant of output and an energy demand model based on an inverted factor demand model where demand is a key determinant of the level of energy usage. The findings reveal that: First, there are large variations in the degree of overuse or inefficiency in energy usage among the individual industries and over time; second, ICT (information and communication technology) capital and labor are substituting energy; third, ICT capital and value added services are two input factors decreasing the variability of energy demand while non-ICT capital, material and labor are increasing the variability of energy demand. Finally, the results suggest that technical progress contributes more to the increase of mean of energy demand than to the reduction of the level of risk. An emerging recommendation is that industries increase the level of ICT capital and digitalization and invest more in R&D activities and value added services to reduce the uncertainty related to their demand for energy. This study forms the structure of the demand for energy under stochastic production risk for the South Korean industrial sector. Public research programs aimed at the industrial sector should be concerned about both mean and risk properties in research on new technologies and in the investigation of possible alternative energy inputs. This book describes the state of the art in energy usage analysis and production risk, applying factor requirement methodology. It will be of use as a main or supplementary text in the teaching of advanced graduate courses but also as a reference for those working on empirically advanced research. The book is an important addition to the existing literature on industrial development, with its focus on energy as a core production input.

Reducing Natural Resource Dependency for Economic Growth in Resource Rich Countries

Reducing Natural Resource Dependency for Economic Growth in Resource Rich Countries PDF Author: Goran M. Muhamad
Publisher: Springer Nature
ISBN: 9819936403
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
This book examines the reduction of natural resource revenue dependency in resource-rich countries. Such countries experience lower economic growth due to factors of high volatility in commodity prices, reduction in accountability, undermining of the competitiveness of other economic sectors, and weak power of institutions. The analysis is based on an identified gap in the literature regarding how private sector development and public sector development affect the degree of dependency on resource revenue in natural resource-rich countries. This book studies the interaction between private and public sector development with dependency on natural resources, specifically exploring whether the two diversified factors lead to a decrease in the degree of dependency, which is important for economic growth and to overcome the "resource curse". Economic diversification is viewed as a long-term solution to the high economic dependency from natural resources. Private sector development and public sector reforms may lead to this diversification. The analysis of the book helps to shed light on private sector development, public services sector privatization, and a taxation system to diversify sources of income, with the objective to reduce dependency on natural resources extraction. This book is an invaluable read for public policymakers, the public and private sectors, law makers, and scholars of developmental studies.

Advances in Low Carbon Technologies and Transition

Advances in Low Carbon Technologies and Transition PDF Author: Shigemi Kagawa
Publisher: MDPI
ISBN: 3039435574
Category : Science
Languages : en
Pages : 214

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Book Description
A wide variety of technologies and products have already become widespread in our society. However, policies have not been well-implemented to effectively reduce energy consumptions and CO2 emissions by promoting low-carbon technologies and products. This Special Issue focuses on studies targeting specific products (e.g., motor vehicle, household dishwashers, etc.) and/or technologies (e.g., information and communication technology, transport technology, CO2 capture technology, etc.) and quantifying resource and energy consumptions and CO2 emissions associated with products and technology systems using the reliable inventory database. Thus, this Special Issue provides important studies on how demand- and supply-side policies can contribute to reducing energy consumptions and CO2 emissions from consumption- and production-based perspectives.

Europe E-Commerce Business Law Handbook Volume 1 Strategic Information and Basic Regulations

Europe E-Commerce Business Law Handbook Volume 1 Strategic Information and Basic Regulations PDF Author: IBP USA
Publisher: Lulu.com
ISBN: 1438716508
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
2011 Updated Reprint. Updated Annually. Europe E-commerce Business Handbook

Technological Learning in the Energy Sector

Technological Learning in the Energy Sector PDF Author: Martin Junginger
Publisher: Edward Elgar Publishing
ISBN: 1849806845
Category : Business & Economics
Languages : en
Pages : 353

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Book Description
'This expert analysis provides an important contribution to understanding the technicalities of energy technology cost dynamics. Given the urgent need for delivery of low-cost renewable energy technologies in particular, it is vital to understand how to accelerate this process of technological learning.' - Miguel Mendonca, World Future Council, Germany

Digitalisation and Development

Digitalisation and Development PDF Author: Dibyendu Maiti
Publisher: Springer Nature
ISBN: 9811399964
Category : Business & Economics
Languages : en
Pages : 436

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Book Description
This book investigates the impact of information and communication technologies (ICTs) on development and well-being (beyond economic benefits) and highlights some emerging issues relating to the realities, constraints and digital divides with particular reference to India. It collects a series of novel contributions, studying the Indian experience in an international cross-country perspective. The book also discusses economic, social, and behavioural aspects of well-being as well as access to ICTs across regions, states and individuals to account for the digital divide. The book establishes an aggregate relationship between ICT exposure and well-being at the country level and addresses a number of fundamental issues, such as whether ICT raises the level of transparency and governance. Based on case studies and anecdotal evidence, it then further assesses the effective implementation of service delivery through ICT innovations. The book is divided into four parts: The introductory part surveys the literature and presents background information on the Indian case; introduces the main themes on the relationships between ICT, socio-economic development and digital divides; and provides a summary and roadmap to the chapters of the book. Part II focuses on the impact of ICT on economic performance, including economic growth, productivity and trade. Part III examines the extent of the digital divides in India, including international, regional as well as inter-personal inequality. Finally, Part IV investigates the impact of ICT on governance, users’ well-being and social outcomes. Combining insights from analyses of a variety of socio-economic dimensions related to digitalisation, this book is relevant for a wide range of scholars and researchers across disciplines, as well as practitioners and policy-makers. While the book has a main focus on India, various contributions take an international cross-country comparative perspective, and the results have general relevance for digitalisation and development. On the whole, the main message of this book is that the impact of ICTs is contingent upon other assets, capabilities and institutional conditions. National policies should, therefore, not only promote digitalization as such but also ensure its co-evolution and complementarity with a variety of other country-specific factors. Chapter 'Digitalisation and Development: Issues for India and Beyond' of this book is available open access under a CC BY 4.0 license at link.springer.com