ICT Investment for Energy Use in the Industrial Sectors 9789811047558

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Electrical engineering

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Wordery

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Springer nature singapore

ICT Investment for Energy Use in the Industrial Sectors : Springer : 9789811047558 : 9811047553 : 22 Jun 2017 : 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 grow

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