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Identifying the Sustainable Industry by Input–Output Analysis Combined with CO 2 Emissions: A Time Series Study from 2005 to 2015 in South Korea

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  • Junhwan Moon

    (Department of Business Research, Sogang University, Seoul 04107, Korea)

  • Eungyeong Yun

    (Department of Business Administration, Sogang University, Seoul 04107, Korea)

  • Jaebeom Lee

    (Department of Business Administration, Sogang University, Seoul 04107, Korea)

Abstract

Preventing global warming caused by increased CO 2 emissions is a major global problem. It is necessary to find and cultivate an efficient industry with a small amount of CO 2 emissions and a great impact on the national economy. This article used input–output analysis to quantify the linkage effects on the Korean economy by dividing the Korean industries into 36 categories, according to the OECD (Organization for Economic Cooperation and Development) industrial classification criteria. In addition, the total amount of carbon dioxide emitted during the year was described by its criteria to compare how much of one industry emits carbon dioxide. The analysis shows that Korea still has an economic structure centered on traditional manufacturing and the characteristics of these industries include CO 2 emissions. According to the result, in the construction industry, the carbon dioxide emissions are considerably high, but the linkage effects of the industry is small. By quantitatively analyzing the impact of an industry on the economy and carbon dioxide emissions generated in the production process, this study aimed to identify Korea’s eco-friendly and highly related industries with other industries and objectively present sustainable development.

Suggested Citation

  • Junhwan Moon & Eungyeong Yun & Jaebeom Lee, 2020. "Identifying the Sustainable Industry by Input–Output Analysis Combined with CO 2 Emissions: A Time Series Study from 2005 to 2015 in South Korea," Sustainability, MDPI, vol. 12(15), pages 1-19, July.
  • Handle: RePEc:gam:jsusta:v:12:y:2020:i:15:p:6043-:d:390780
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    Cited by:

    1. Hehua Zhao & Hongwen Chen & Lei He, 2022. "Embodied Carbon Emissions and Regional Transfer Characteristics—Evidence from China," Sustainability, MDPI, vol. 14(4), pages 1-20, February.

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