A comparative study of dynamic changes in CO2 emission performance of fossil fuel power plants in China and Korea

Title
A comparative study of dynamic changes in CO2 emission performance of fossil fuel power plants in China and Korea
Authors
최용록
Keywords
Pure CO2 emission performance Non-radialmetafrontierMalmquistindex Fossil fuelpowerplants
Issue Date
2013
Publisher
ENERGY POLICY
Series/Report no.
ENERGY POLICY ; Vol62 Startpage 324 Endpage 332
Abstract
This paper aims to conduct a comparative study of the changes in CO2 emission performance of state- owned fossil fuel power plants between China and Korea. For this purpose, we combine the concept of the metafrontier Malmquist productivity index and the non-radial directional distance function to develop a new index called the non-radial metafrontier Malmquist CO2 emission performance index (NMMCPI). This new methodology allows for the incorporation of technological heterogeneities and slack variables into the previously introduced Malmquist CO2 emission performance index (MCPI). The NMMCPI can be derived by solving several non-radial data envelopment analysis (DEA) models. The NMMCPI can be decomposed into an efficiency change (EC) index, a best-practice gap change (BPC) index, and a technology gap change (TGC) index. By fixing the non-energy inputs, we measure the pure CO2 emission performance change. Based on the proposed indices, the comparative study between Chinese and Korean fossil fuel power industries is conducted for the 2005?2010 period. Empirical results indicate significant differences in terms of various decomposed CO2 emission performance changes between China and Korea. Korean power plants demonstrate improvements in innovation, while Chinese power plants demonstrate a higher ability for technological leadership. Some related policy implications are also proposed based on the empirical results.
URI
http://dx.doi.org/10.1016/j.enpol.2013.07.060
http://dspace.inha.ac.kr/handle/10505/33557
ISSN
0301-4215
Appears in Collections:
College of Business Administration (경영대학) > International Trade (국제통상학) > Journal Papers, Reports(국제통상학 논문, 보고서)
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