Conference Agenda
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Thematic Session: Low-Carbon Transitions in Asia (Streaming) Location: B008 Session Chair: Jeong Won Kim, Energy Studies Institute, National University of Singapore Session Chair: Roger Fouquet, National University of Singapore | |
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Low-Carbon Development in Asia: A Comparison of Driving Factors 1: Renmin University of China, China; 2: Korea University, Republic of Korea; 3: Renmin University of China, China; 4: Meijo University, Japan; 5: Kyoto University, Japan; 6: Cambridge Econometrics, United Kingdoms Asia accounted for over 59.8% of the world's CO2 emissions in 2023. Prioritizing production efficiency and technological innovation to foster low-carbon development is crucial for Asia in mitigating CO2 emissions. This paper used data from 2000 to 2023 to evaluate efficiency improvement and technological progress in ten Asian economies. A decomposition study of these regions could provide information for multi-regional cooperation in carbon reduction. First, the logarithmic mean Divisia index (LMDI) analysis showed that economic development is the main factor contributing to the increase in CO2 emissions. Population growth also contributes positively, except for Japan. On the contrary, energy intensity is the most significant CO2 reduction factor, except for Vietnam. Second, efficiencies in the studied regions did not improve compared to the rest of the world. Last but not least, the production-theoretical decomposition analysis (PDA) showed that technological progress and efficiency of different inputs or outputs either did not play an important role or offset each other. Our findings indicate that Asian economies share many similarities, which creates opportunities for collaboration and knowledge exchange in low-carbon development as they strive for net-zero emissions. | |

