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Table of Contents
Preface; Acknowledgements; Contents; 1 Overview; 1.1 Introduction; 1.2 Why This Study; 1.3 Objectives; 1.4 Research Significance; 1.5 Research Design; 1.6 Research Questions and Empirical Motivations; 1.7 Assumptions and Limitations; 1.7.1 Energy Price; 1.7.2 Methodological and Theoretical Assumptions; 1.8 Operational Definitions; 1.9 Expected Results; 1.10 The Structure of This Book; 1.11 Summary; Bibliography; 2 ICT Investment and Energy Use in South Korea and Japan; 2.1 Introduction; 2.2 ICT Investment; 2.2.1 South Korea; 2.2.2 Japan; 2.3 Energy Use; 2.3.1 South Korea; 2.3.2 Japan
2.4 Energy Efficiency2.4.1 South Korea; 2.4.2 Japan; 2.5 Summary; Bibliography; 3 ICT Investment and Energy Use in the Literature; 3.1 Efficiency in the Use of Energy; 3.2 ICT Investment and Economics Growth; 3.3 ICT Investment and Energy Use; 3.4 Summary; Bibliography; 4 The Factor Demand Model and the Theory of Productivity; 4.1 Historical Development of the Factor Demand Models; 4.1.1 The Firm's Temporary Equilibrium; 4.1.2 The Adjustment Cost; 4.1.3 The Dynamic Factor Demand; 4.2 The Industrial Demand Models for Input Factors; 4.3 Inter-Factor Substitutability and Complementarity
4.4 The Total Factor Productivity4.5 Summary; Bibliography; 5 The EUKLEMS Data; 5.1 Data Source; 5.2 Population and Sampling Strategy; 5.3 Classification of the Industrial Sectors; 5.4 Summary Statistics; 5.5 Multicollinearity and Validation of Results; 5.6 Industrial Sectors' Energy Use Intensity; Bibliography; 6 The Impact of ICT Investment on Energy Use: A Comparative Study Between South Korea and Japan; 6.1 Introduction; 6.2 Theoretical Model and Empirical Specification; 6.3 Parameters Estimates; 6.4 The Adjustment Speed; 6.5 Deviation from the Optimal Values
6.6 The Own and Cross Price Elasticities6.7 Conclusion; Bibliography; 7 Productivity Analysis of South Korean Industrial Sector; 7.1 Introduction; 7.2 Stages in the Industrial and Technological Polices; 7.3 Divisia Index; 7.4 Theoretical Model and Empirical Specification; 7.5 Determinants of the TFP Growth; 7.6 Capacity Utilization Index; 7.7 Price and Output Elasticities; 7.8 Returns to Scale; 7.9 The Rate of Technical Change; 7.10 The TFP Growth; 7.11 The Output Growth; 7.12 Conclusion; Bibliography; 8 Overall Summary, Hypotheses Test, and Policy Implications; 8.1 Introduction
8.2 The Research Questions and the Hypotheses8.2.1 The Research Questions; 8.2.2 Hypotheses Test; 8.3 Summary of Results and Policy Implications; 8.4 Implications for Industry and Policy Makers; 8.5 Conclusions and Practical and Policy Recommendations; 8.6 Contribution to the Literature; 8.7 Limitations of the Study and Recommendations for Further Research; Bibliography
2.4 Energy Efficiency2.4.1 South Korea; 2.4.2 Japan; 2.5 Summary; Bibliography; 3 ICT Investment and Energy Use in the Literature; 3.1 Efficiency in the Use of Energy; 3.2 ICT Investment and Economics Growth; 3.3 ICT Investment and Energy Use; 3.4 Summary; Bibliography; 4 The Factor Demand Model and the Theory of Productivity; 4.1 Historical Development of the Factor Demand Models; 4.1.1 The Firm's Temporary Equilibrium; 4.1.2 The Adjustment Cost; 4.1.3 The Dynamic Factor Demand; 4.2 The Industrial Demand Models for Input Factors; 4.3 Inter-Factor Substitutability and Complementarity
4.4 The Total Factor Productivity4.5 Summary; Bibliography; 5 The EUKLEMS Data; 5.1 Data Source; 5.2 Population and Sampling Strategy; 5.3 Classification of the Industrial Sectors; 5.4 Summary Statistics; 5.5 Multicollinearity and Validation of Results; 5.6 Industrial Sectors' Energy Use Intensity; Bibliography; 6 The Impact of ICT Investment on Energy Use: A Comparative Study Between South Korea and Japan; 6.1 Introduction; 6.2 Theoretical Model and Empirical Specification; 6.3 Parameters Estimates; 6.4 The Adjustment Speed; 6.5 Deviation from the Optimal Values
6.6 The Own and Cross Price Elasticities6.7 Conclusion; Bibliography; 7 Productivity Analysis of South Korean Industrial Sector; 7.1 Introduction; 7.2 Stages in the Industrial and Technological Polices; 7.3 Divisia Index; 7.4 Theoretical Model and Empirical Specification; 7.5 Determinants of the TFP Growth; 7.6 Capacity Utilization Index; 7.7 Price and Output Elasticities; 7.8 Returns to Scale; 7.9 The Rate of Technical Change; 7.10 The TFP Growth; 7.11 The Output Growth; 7.12 Conclusion; Bibliography; 8 Overall Summary, Hypotheses Test, and Policy Implications; 8.1 Introduction
8.2 The Research Questions and the Hypotheses8.2.1 The Research Questions; 8.2.2 Hypotheses Test; 8.3 Summary of Results and Policy Implications; 8.4 Implications for Industry and Policy Makers; 8.5 Conclusions and Practical and Policy Recommendations; 8.6 Contribution to the Literature; 8.7 Limitations of the Study and Recommendations for Further Research; Bibliography