차 례 유가변동에대한거시경제의반응 : 도입단가와국제현물유가의차이를중심으로김영덕 1 On Asian Premium of Crude Oil: Causes, Patterns and Counter Measures Young-Seok Moon & Dal-Sok Lee 31 Does Credit Transfer Reduce Emission Transfer? Hojeong Park & Gyeong-Lyeob Cho 47 Total factor Productivity Comparison in the Energy Intensive Manufacturing Industries across Selected OECD Countries Euy-Seok Yang 71 외국인직접투자를통한기술파급박창수 115 정책연구교통세의휘발유수요에대한영향분석이성근 133 열병합발전의비용배분에관한연구윤원철 155 181
유가변동에대한거시경제의반응 에너지경제연구 제 2 권제 2 호에너지경제연구원 (Korea Energy Economics Institute: KEEI) 2003. 12, pp. 1-29 - 1 -
김영덕 - 2 -
유가변동에대한거시경제의반응 - 3 -
김영덕 A (L )y = A (L ) L n n y n 1 n 1 n y (t s ) (t ) - 4 -
유가변동에대한거시경제의반응 A 0 = A (0 ) A 0 A 0 y = A 0 (L )y + A 0 y = B (L)y + u A 0 B(L) = A 1 0 A 0 (L ) A 0 u = u y (t s ) u (t) B(L ) - 5 -
김영덕 A 0 A 0 B(L ) A 0 A 0 A 0 A 0 A 0 A 0 B(L ) u u A 0 A 0 B(L ) A 0 A 0 A 0-6 -
유가변동에대한거시경제의반응 A 0 A 0-7 -
김영덕 - 8 -
유가변동에대한거시경제의반응 - 9 -
김영덕 L B(L ) u A 0 A 0 A 0-10 -
유가변동에대한거시경제의반응 1 0 0 0 0 0 0 0 0 a 21 1 0 0 0 0 0 0 0 a 31 a 32 1 0 a 35 0 0 0 0 a 41 a 42 a 43 1 a 45 0 0 0 0 a 51 a 52 0 0 1 0 0 0 a 59 a 61 0 0 0 0 1 0 0 0 0 a 72 a 73 0 0 0 1 a 78 0 a 81 0 a 83 0 a 85 0 a 87 1 a 89 a 91 a 92 a 93 a 94 a 95 a 96 a 97 a 98 1 u oil u ip u cpi u e u ep u ff u m ur u exr = oil ip cpi e ep ff m r exr - 11 -
김영덕 u oil = oil u ip = a 21 u oil + ip u oil ip a 21 u ff = a 61 u oil + ff - 12 -
유가변동에대한거시경제의반응 u oil ff a 61 u ep = a 51 u oil a 52 u ip a 59 u exr + ep u oil u ip u ff u ff u exr ep - 13 -
김영덕 u cpi = a 31 u oil a 32 u ip a 35 u ep + cpi u cpi u oil u ip u ep u ep cpi u ep cpi ep u oil u ip ep u e = a 41 u oil a 42 u ip a 43 u cpi a 45 u ep + e u cpi u ep e u oil u ip cpi ep - 14 -
유가변동에대한거시경제의반응 u m = a 72 u ip a 73 u cpi a 78 u r + m u ip u cpi u ff ep u r = a 81 u oil a 83 u cpi a 85 u ep a 87 u m a 89 u exr + r u oil u ip u cpi u ff ep m u exr = a 91 u oil a 92 u ip a 93 u cpi a 94 u e a 95 u ep a 96 u ff a 97 u m a 98 u r + exr u oil u ip u cpi u ff e ep m r - 15 -
김영덕 - 16 -
유가변동에대한거시경제의반응 - 17 -
김영덕 - 18 -
유가변동에대한거시경제의반응 a 21 a 31 a 32 a 35 a 41 a 42 a 43 a 45 a 51 a 52 a 59 a 61 a 72 a 73 a 78 a 81 a 83 a 85 a 87 a 89 a 91 a 92 a 93 a 94 a 95 a 96 a 97 a 98-19 -
김영덕 B(L ) A 0-20 -
유가변동에대한거시경제의반응 - 21 -
김영덕 - 22 -
유가변동에대한거시경제의반응 - 23 -
김영덕 - 24 -
유가변동에대한거시경제의반응 - 25 -
김영덕 - 26 -
유가변동에대한거시경제의반응 - 27 -
김영덕 - 28 -
유가변동에대한거시경제의반응 - 29 -
에너지경제연구 제 2 권제 2 호에너지경제연구원 (Korea Energy Economics Institute: KEEI) 2003. 12, pp. 31-46 - 31 -
Young-Seok Moon & Dal-Sok Lee - 32 -
On Asian Premium of Crude Oil: Causes, Patterns and Counter Measures - 33 -
Young-Seok Moon & Dal-Sok Lee - 34 -
On Asian Premium of Crude Oil: Causes, Patterns and Counter Measures $/bbl 35.0 30.0 25.0 20.0 15.0 10.0 5.0 1995 1996 1997 1998 1999 2000 2001 2002 Europe-bound Asia-bound U.S.-bound - 35 -
Young-Seok Moon & Dal-Sok Lee 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% U.S. W. Europe NE Asia Total World America Europe Middle East Africa Asa-Pacific Non Identified - 36 -
On Asian Premium of Crude Oil: Causes, Patterns and Counter Measures p asia η = η asia europe p europe η = η asia us p europe - 37 -
Young-Seok Moon & Dal-Sok Lee Thousand b/d 450 400 350 300 250 200 150 100 50 0 1992 1994 1996 1998 2000 2002-38 -
On Asian Premium of Crude Oil: Causes, Patterns and Counter Measures $/bbl 5.0 4.0 3.0 2.0 1.0 0.0-1.0-2.0-3.0-4.0-5.0 1995 1996 1997 1998 1999 2000 2001 2002 Quality Difference & Transportation Cost Adjustment Factor $/bbl 7.0 5.0 3.0 1.0-1.0-3.0-5.0-7.0 1995 1996 1997 1998 1999 2000 2001 2002 Quality Difference & Transportation Cost Adjustment Factor - 39 -
Young-Seok Moon & Dal-Sok Lee 2.0 $/bbl 1.5 1.0 0.5 0.0-0.5-1.0-1.5-2.0 1995 1996 1997 1998 1999 2000 2001 2002 Quality Difference Adjustment Factor - 40 -
On Asian Premium of Crude Oil: Causes, Patterns and Counter Measures $/bbl 5.0 4.0 3.0 2.0 1.0 0.0-1.0-2.0-3.0-4.0-5.0 1995 1996 1997 1998 1999 2000 2001 2002-41 -
Young-Seok Moon & Dal-Sok Lee - 42 -
On Asian Premium of Crude Oil: Causes, Patterns and Counter Measures - 43 -
Young-Seok Moon & Dal-Sok Lee - 44 -
On Asian Premium of Crude Oil: Causes, Patterns and Counter Measures - 45 -
Young-Seok Moon & Dal-Sok Lee - 46 -
에너지경제연구 제 2 권제 2 호에너지경제연구원 (Korea Energy Economics Institute: KEEI) 2003. 12, pp. 47-69 - 47 -
Hojeong Park & Gyeong-Lyeob Cho - 48 -
Does Credit Transfer Reduce Emission Transfer?: Real Option Game Perspectives - 49 -
Hojeong Park & Gyeong-Lyeob Cho - 50 -
Does Credit Transfer Reduce Emission Transfer?: Real Option Game Perspectives n s s n n s K h i (t) t i = 0, 1, 2 h i θ (t )M j (h i (t )) j = n, s θ (t ) h (t ) τ h (τ ) h 0 (τ ) > h 1 (τ ) > h 2 (τ ) h (t ) M j (h 0 (t )) > M j (h 1 (t )) - 51 -
Hojeong Park & Gyeong-Lyeob Cho M j (h 0 (t )) M j (h 1 (t )) > M j (h 1 (t )) M j (h 2 (t )) θ (t ) dθ (t )=αθ(t )dt + σθ(t )dw α σ dw E(dw)=0 Var(dw)=dt n s z dz(t ) dt = z = e n (t )+e i s (t )+E (t ) z (t ) e n (t ) es i (t ) E (t ) n s n s E (t ) i τ e 0 s (τ ) e 1 s (τ ) h 0 (τ ) h 1 (τ ) e s (t ) h (t ) D j (z (t )) j = n, s z (t ) - 52 -
Does Credit Transfer Reduce Emission Transfer?: Real Option Game Perspectives n n C n (q 0 n (t )) q 0 n (t ) n C n (q 0 n (t )) q 0 n (t ) s n n s n n s q 0 n (τ ) q 1 n (τ ) q 1 n (τ ) q 0 n (τ ) e 01 s (τ )=e 0 s (τ ) e 1 s (τ ) qn 1 (τ ) qn 0 (τ )= es 01 (τ ) q 1 n (τ ) q 0 n (τ ) < e 01 s (τ ) C n = C n (q 0 n (τ )) C n (q 1 n (τ )) > 0 r n - 53 -
Hojeong Park & Gyeong-Lyeob Cho V n = maxe 0 0 (Dn (z)+θm n (h )+C n (q 0 n ))e rt dt [ K C n (q 0 ] n (τ n )) + C n (qn 1 (τ n )) e rτ n E 0 τ n n s V s = maxe 0 0 ( Ds (z )+θm s (h ) ) e rt dt Ke rτ s z Φ (θ n, θ s ) θ j j H (t ) j θ t t 0 H (t )= θ (t ),z(t), θ n (t ), θ s (t ) θ - 54 -
Does Credit Transfer Reduce Emission Transfer?: Real Option Game Perspectives t < τ j j t τ j θ NC j (τ j ) - 55 -
Hojeong Park & Gyeong-Lyeob Cho n s h n s s n s es 1 h 1 h n (t < τ s ) rv s = D s (z ) θm s ( h 1 ) +(e n + es 1 + E z )V s,z + αθv s,θ + 1 2 σ2 θ 2 V s,θθ (t τ s ) rv s = D s (z ) θm s ( h 2 ) +(e n + es 2 + E z )V s,z + αθv s,θ + 1 2 σ2 θ 2 V s,θθ. - 56 -
Does Credit Transfer Reduce Emission Transfer?: Real Option Game Perspectives V s = D s (z ) r D s (z ) r θ e n + e 1 s + E (r α )λ θ M s (h 1 ) r α θ e n + e 2 s + E (r α )λ θ M s (h 2 ) r α + A sθ for θ < θ NC s K for θ θnc s λ = r + α =( 1/2) 1 ( ) 1 ( 2α/σ 2 ) 2 +8r/σ 2 > 1 2α/σ 2 + ( ) s A s θ A s V s θ < θ NC s V s θ θ NC s s = K es 12 1 (r α )λ θ NC 12 Ms + r α 1 A s = ( θ NC) 1 s es 12 (r α )λ 12 Ms + r α M 12 s = M s (h 1 ) M s (h 2 ) e 12 s = e 1 s e 2 s K σ / ( 1) n - 57 -
Hojeong Park & Gyeong-Lyeob Cho V n = D n(z)+c n (q 0 n ) r D n(z)+c n (q 0 n ) r D n(z)+c n (q 0 n ) r θ e n+ es 0 + E (r α)λ θ M n(h 0 ) r α + A nθ for θ < θ NC n θ e n+ es 1 + E (r α)λ θ M n(h 1 ) r α + B nθ K for θ θ e n+ es 2 + E (r α)λ θ M n(h 2 ) K for θ θnc s r α θ NC n,θ NC s C n (q 01 n )=C n (q 0 n ) C n (q 1 n ) q n θ n h n h n A n θ B n θ n s θ NC s B n θ NC n e 12 B n = ( θ NC 1 ) 12 s Mn s + (r α )λ r α n = K es 01 1 (r α )λ θ NC 01 Mn + r α 1 θ NC n < θ NC s Mn 01 > Ms 12 es 01 > es 12 Φ [θ NC n, θ NC s ] - 58 -
Does Credit Transfer Reduce Emission Transfer?: Real Option Game Perspectives n θ NC n s θ NC s n s / ( 1) σ σ =0 n σ =0 = K 01 s Mn + (r α )λ r α θ NC θ NC e 01 e 12 s = K 12 s Ms σ =0 + (r α )λ r α 1 1 / ( 1)> 1 θ NC j < σ =0 θnc j σ > 0 j = n, s K θ NC n θ NC s - 59 -
Hojeong Park & Gyeong-Lyeob Cho n s h n n s q 0 n q 1 n D j (z ) M j (h ) z 0 h 0 V j z h Φ [θ C n1, θ C s2 ] Φ [θ C s1, θ C n2 ] θ C j1(θ C j2 ) Φ [θ C n1, θ C s2 ] n s Φ [θ C s1, θ C n2 ] - 60 -
Does Credit Transfer Reduce Emission Transfer?: Real Option Game Perspectives V C ns V C n1 Vs2 C n s Φ [θ C n1, θ C s2 ] V C ns (θ C n1, θ C s2 ) > V C sn(θ C s1, θ C n2 ) Φ [θ C s1, θ C n2 ] V C ns (θ C n1, θ C s2 ) < V C sn(θ C s1, θ C n2 ) Φ [θ C n1, θ C s2 ] Φ [θ C n1, θ C s2 ] Φ[θ C s1, θ C n2 ] D ns (z )=D n (z )+D s (z ) M ns (h j )=M n (h j )+M s (h j ) θ < θ C n1 V C ns = D n(z)+d s (z)+c n (q 0 n ) r θ(e n+es 0 +E) θ M n(h 0 )+M s (h 0 ) +A (r α)λ r α C 1θ θ C n1 θ < θ C s2 V C ns = D n ( z ) + D s ( z ) + C n ( q 0 r θ M n ( h 1 ) + M s ( h 1 ) r α n ) + B n θ K θ ( e n + e 1 s + E ) ( r α ) λ θ θ C s2 V n = D ns (z)+c n (q 0 n ) r θ(e n + e 2 s + E) (r α)λ θ M ns (h 2 ) r α (2K C 01 n ) - 61 -
Hojeong Park & Gyeong-Lyeob Cho s θ C s2 = ( K C 01 ) n 1 es 12 (r α )λ 12 Mn + Ms 12 + r α 1, A C 2 = ( θ C) 1 s2 es 12 (r α )λ 12 Mn + Ms 12 + r α. n θ C n1 = ( K C 01 ) n A C 1 = ( ) θ C n1 1 es 01 (r α )λ 01 Mn + Ms 01 + r α 1, 1 e 01 01 s Mn + Ms 01 + + A C 2 (r α )λ r α θ C n1 < θ C s2 es 01 > es 12 Mj 01 > Mj 12 j = n, s θ C n1 < θ NC n θ C s2 < θ NC s θ C n1 σ =0 θ C s2 σ =0 / ( 1) Vs2 C (θ ) < Vs NC θ > θ C n1 s - 62 -
Does Credit Transfer Reduce Emission Transfer?: Real Option Game Perspectives V NC s = D s (z ) r θ e n + es 1 + E (r α )λ θm s (h 1 ) r α + A s θ V NC s = D s (z ) r θ (e n + e 1 s + E ) (r α )λ θm s (h 1 ) r α + A C 2θ 1 θ < θ NC s θ C n1 θ < θ C s2 < θ NC s A s > A C 2 s A s A c 2 A s < A C 2 n s Φ [θ C n1, θ C s2 ] Φ [θ C s1, θ C n2 ] n s Φ [θ C s1, θ C n2 ] Φ [θ C n1, θ C s2 ] Φ [θ C n1, θ C s2 ] Φ [θ C s1, θ C n2 ] Φ [θ C n1, θ C s2 ] Φ [θ C s1, θ C n2 ] Φ [θ C n1, θ C s2 ] A C 2 = ( K C 01 1 ) e s 12 n ( r α ) λ + M n 12 + M s 12, r α A s = K 1 e s 12 (r α )λ + M s 12. r α > 1 A s < A C 2-63 -
Hojeong Park & Gyeong-Lyeob Cho Φ [θ C s1, θ C n2 ] n s n s θ < θ C V C = D ns (z )+C n (q 0 n ) r θ (e n + e 0 s + E ) (r α )λ θm ns (h 0 ) (r α ) + A C θ θ θ C V C = D ns (z )+C n (q 1 n ) r θ (e n + e 2 s + E ) (r α )λ θm ns (h 2 ) (r α ) (2K C 01 n ) θ C θ C = ( 2K C 01 ) n 1 es 02 (r α )λ 02 Mn + Ms 02 + r α A C = ( θ C) 1 e 02 02 s Mn + Ms 02 +. (r α )λ r α 1 A C > A C 1 Φ [θ C n1, θ C s2 ] - 64 -
Does Credit Transfer Reduce Emission Transfer?: Real Option Game Perspectives n s n s - 65 -
Hojeong Park & Gyeong-Lyeob Cho - 66 -
Does Credit Transfer Reduce Emission Transfer?: Real Option Game Perspectives - 67 -
Hojeong Park & Gyeong-Lyeob Cho θ<θ C s1 V sn C = D ns (z)+c n (q 0 r n ) θ(e n + es 0 + E) θm ns (h 0 ) + A (r α )λ r α 0 sθ θ C s1 θ < θ C n2 Vsn C = D ns (z)+c n (q 0 r n ) θ(e n + es 1 + E) θm ns (h 1 ) + A (r α )λ r α 1 nθ K θ θ C n2 V C sn = D ns (z)+c n (q 0 n ) r θ(e n + es 2 + E) θm ns (h 2 ) 2K + Cn (r α)λ r α 12 Φ [θ C s, θ C n ] θ C n2 = ( K C 12 ) n es 12 (r α )λ 12 Mn + Ms 12 + r α 1 θ C s1 = K 1 e 01 01 s Mn + Ms 01 + (r α)λ r α θ C n2 > θ C s2 θ C s1 > θ C n1 Φ [θ C s1, θ C n2 ] 1 1. e 02 (θ C ) 1 02 s Mn + Ms 02 + (r α )λ r α e 12 e 01 > (θ C s ) 1 12 s Mn + Ms 12 + +(θ (r α )λ r α C n1 ) 1 01 s Mn + Ms 01 + (r α )λ r α - 68 -
Does Credit Transfer Reduce Emission Transfer?: Real Option Game Perspectives e 02 (2K Cn 01 ) 1 02 s Mn + Ms 02 + (r α)λ r α > (K C 01 n ) 1 e 12 12 s Mn + Ms 12 + + e 01 01 s Mn + Ms 01 (r α)λ r α + (r α)λ r α ( 2K C 01 1 ) < ( K C 01 1 ) e 02 s = e 01 s + es 12 M 02 = M 01 + M 12 n n - 69 -
에너지경제연구 제 2 권제 2 호에너지경제연구원 (Korea Energy Economics Institute: KEEI) 2003. 12, pp. 71-114 - 71 -
Eui-Seok Yang - 72 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries - 73 -
Eui-Seok Yang - 74 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries - 75 -
Eui-Seok Yang - 76 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries β σ - 77 -
Eui-Seok Yang Y t = At F( Kt, Lt ) Yt L t K t F( ) Y / L F ( ) > 0 2 2 2 2 Y / K FK ( ) > 0 Y / L F ( ) < 0 Y / K F ( ) < 0 LL L KK Y = t K Yt Y K Y t t t Y + t L K K Lt Y t Lt Lt + At At - 78 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries K L s s At A t = Yt K s t Yt Kt Kt s L Lt t Lt TFP i t i Yt = i i α L + ( 1 α ) K i t i t α i - 79 -
Eui-Seok Yang TFP TFP i t j s = i i [ α L t i j Yt / Ys i i j + (1 α ) K ]/[ α L t j s j + (1 α ) K j s ] j i At i A ln j A Y = ln Y i j i i / L K (1 α)ln j j / L K i / L j / L α - 80 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries c d c d' s c' s i i y j = F ( x j ) i, j = c, d c c y c = F ( x c ) c c y d = F ( x d ) d yc d c y c = F ( x c ) y / y c c d c y / y d c d d - 81 -
Eui-Seok Yang - 82 - + + + + + = n i l n n l n n i k n n k n i i l i i l i i i k i i k i kl kl X X W W X X W W Y Y R R Y Y R R TFP ) ln )(ln ( 2 1 ) ln )(ln ( 2 1 ) ln )(ln ( 2 1 ) ln )(ln ( 2 1 lnλ j i Y j i X j i R j W i.. =..1987 i l or k j = d d c c k k l l k k l l y y TFP d d c c d c cd σ σ σ σ = 1 1 s c d s c d d c cd k k l l y y TFP = 1
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries yi i li ki σ ( s j = + s) / 2 j s j TFP bd = TFPbc TFPcd TFP j x usa = y y j x j usa l l j j x σ x k k j x 1 σ x l l j usa j σ usa k k usa j 1 σ usa TFP j x usa j j yi j j li j k i - 83 -
Eui-Seok Yang TFP x usa ρ x j ρusa j σ x 1 σ x σ usa N y y xj j l k l usa kusa j = y j yusaj lx kx l k = Π 1 1 σ usa TFPx usa k usa lusa yusa j σ usa = ( s usa + s) / 2 susa ρ ( j = r usa + r ) / 2 usa j j rusa j j yi - 84 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries y cjt = Y / π cjt usa jt PPP cjt ycjt t j c Ycjt π usa jt π usa jt π jt = j t π usa jt π usa jt PPPcjt - 85 -
Eui-Seok Yang PPPcjt PPPcjt PPPcjt - 86 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries n 1 k cjt = ( 1 δ ) icj, t n kcjt t 1 δ δ < 1 δ = 0.15 icjt i cjt I ppp k = cjt / π ct t Icjt j th c k = i + (1 δ ) k cjt = i j, t 1 j, t 1 + (1 δ ) i j, t 1 j, t 2 + (1 δ ) i 2 j, t 3 τ +... + (1 δ ) k k t 1 i τ cjt = ( 1 δ ) it (1+ i) + (1 δ ) kcj 1970 i= 0 j,1970 j τ = t s, t = 1980, s = 1979 i = 0 k 79 i 1980 1970 cj 1980 = ( 1 δ ) i1980 (1+ i) + (1 δ ) kcj 1970 i= 0 k = i cj 1970 cj 1969 k 79 i 1980 1970 cj 1980 = ( 1 δ ) i1980 (1+ i) + (1 δ ) icj 1969 i= 0-87 -
Eui-Seok Yang Icjt π t k ppp ct l = L k α l k k L log l = α k log lk k = 1 αk l l - 88 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries 2 2 Inyc = αoc + α1 cinlc + α2cinkc + α3 c( Inlc ) + α4c( Inkc ) + α5 c( Inlc Inkc ) 1 c + α2c = 1 2α4 c + α5c = α 2α α = 3c + 5c 0 j sc Inyc / Inlc = α 1c + 2α 3cInlc + α5cinkc α5 2α = c 3c s c = α 1c + α5c ln( kc / lc) s ct = α + β ln( k / l ) + ε ct ct ct - 89 -
Eui-Seok Yang ln( kct / lct ) sˆ ct = ˆ α + ˆ β ln( k ct / l ct ) ŝct sˆ ct = ˆ α + ˆ β ln( kct / lct ) ŝct ln( kct / lct ) ŝct - 90 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries TFP j x usa.1990 = y y j x j usa.1990 l l j j x σ x k k j x 1 σ x l j σ usa usa.1990 j l k k usa.1990 j 1 σ usa TFP x usa.1990 N y xj = Π j = 1 y j l usa.1990 l ρ x j σ usa y yusaj kusa k j.1990.1990 ρusa 1 σ usa j l l x σ x k k x 1 σ x - 91 -
Eui-Seok Yang 120.0 100.0 80.0 60.0 40.0 20.0 0.0 Figure 3.1 TFP Trends of OECD Countries Manufacturing Sector 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 Aut Bel Can Fin Fra GBR Ita Kor Nld Nor Swe Usa - 92 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries - 93 -
Eui-Seok Yang - 94 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries 180.0 150.0 120.0 90.0 60.0 30.0 0.0 140.0 120.0 100.0 80.0 60.0 40.0 20.0 0.0 1980 1980 1982 Figure 3.2 TFP Trends of OECD Countries ISIC 35: Chemical and Fuel Products 1984 1986 1988 1990 1992 1994 1996 1998 Figure 3.3 TFP Trends of OECD Countries ISIC 36: Other Non-Metallic Products 1982 1984 1986 1988 1990 1992 1994 1996 1998 Aut Bel Can Fin Fra GBR Ita Kor Nld Nor Swe Usa Aut Bel Can Fin Fra GBR Ita Kor Nld Nor Swe Usa - 95 -
Eui-Seok Yang 120.0 100.0 80.0 60.0 40.0 20.0 0.0 Figure 3.4 TFP Trends of OECD Countries ISIC 37: Basic Metals & Fabricated Products 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 Aut Bel Can Fin Fra GBR Ita Kor Nld Nor Swe Usa - 96 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries - 97 -
Eui-Seok Yang - 98 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries - 99 -
Eui-Seok Yang - 100 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries - 101 -
Eui-Seok Yang - 102 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries β σ β σ β β - 103 -
Eui-Seok Yang i A i, t ln A i, t γ i + λ lngi, t + ln Ai, t 1 + lnεi, t = A i, t TFP i, t i i γ λ εi, t G i, t i b lng i, t ˆ = ln Ai, t 1 i' s A ˆ = i, t A A i, t b, t ˆ A i, t ln ˆ A i, t = ln Ai, t ln Ab, t = ( γ i γ b) + (1 λ)ln A ˆ ˆ i, t 1 + lnεi, t β ln ˆ i, t = ln Ai, t ln A A b, t - 104 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries ln ˆ A i, t i b ln Aˆ i, t 1) λ> 0 γ i = γ b λ = 0 Ai b A i 1 (1 λ) = T T ln Aˆ 1 + T T T s (1 ) ( ln ˆ i, 0 λ γ i γ b + ε i, s s= 0 ) ( γ i γ b) + λ(lngi, t lngb, t ) + (ln Ai, t 1 ln Ab, t 1) + (lnεi, t lnεb, t ) = = ( γ i γ b) + λ lng i, t + ln A ˆ i, t 1 + lnεi, t = ( γ i γ b) + (1 λ)ln A ˆ i, t 1 + lnεi, t ˆ ˆ ln Gb, = 0 t lng ˆ b, t = ln Ab, t 1 = ln( Ab, t 1 / Ab, t 1) ln Aˆ i, t 1 = ln Ai, t 1 ln Ab, t 1-105 -
Eui-Seok Yang 1980 ln( TFPi ) = α + β ln( TFP i ) + εi ln( TFPi ) 1998 1980 1/ T 1998 1980 ln( TFPi / TFPi ) = (1/ T )(lntfpi lntfpi ) TFPi m m m TFPi TFP i = TFPi / TFPusa λ 1 (1 λ) β = T T β β λ - 106 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries β t 2 λ R β ' s λ' s 1980 ln( TFPi ) = α + β ln( TFP i ) + ε i 1 1998 1980 ln( TFPi ) = (ln TFPi ln TFPi ) T T 1 (1 λ) β = T 2 R - 107 -
Eui-Seok Yang σ σ ISIC 3: Manufacturing Sector ISIC 35: Chemical, Rubber, Plastics and Fuel Products 1980 1985 1990 1995 1998 1980 1985 1990 1995 1998 ISIC 36: Other Non-Metallic Mineral Products ISIC 37: Basic Metals and Fabricated Metal Products 1980 1985 1990 1995 1998 1980 1985 1990 1995 1998-108 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries σ β σ β σ σ - 109 -
Eui-Seok Yang - 110 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries - 111 -
Eui-Seok Yang - 112 -
Total Factor Productivity Comparison in the Energy Intensive Manufacturing Industries - 113 -
Eui-Seok Yang - 114 -
에너지경제연구 제 2 권제 2 호에너지경제연구원 (Korea Energy Economics Institute: KEEI) 2003. 12, pp. 115-131 - 115 -
박창수 - 116 -
외국인직접투자를통한기술파급 - 117 -
박창수 - 118 -
외국인직접투자를통한기술파급 - 119 -
박창수 TFP it = α 0 +α 1 FDI ˆ it +α 2 EDU it + it it = µ i + η t + ξ it FDI ˆ - 120 -
외국인직접투자를통한기술파급 TFP it = α 0 + α 1 FDI ˆ it + α 2 EDU it + α 3 OPEN it + α 4 IPR it + α 5 IPRsq it + it it = µ i + η t + ξ it 와 - 121 -
박창수 - 122 -
외국인직접투자를통한기술파급 - 123 -
박창수 - 124 -
외국인직접투자를통한기술파급 - 125 -
박창수 - 126 -
외국인직접투자를통한기술파급 - 127 -
박창수 - 128 -
외국인직접투자를통한기술파급 - 129 -
박창수 - 130 -
외국인직접투자를통한기술파급 - 131 -
에너지경제연구 제 2 권제 2 호에너지경제연구원 (Korea Energy Economics Institute: KEEI) 2003. 12, pp. 133-153 - 133 -
이성근 - 134 -
교통세의휘발유수요에대한영향분석 - 135 -
이성근 - 136 -
교통세의휘발유수요에대한영향분석 - 137 -
이성근 - 138 -
교통세의휘발유수요에대한영향분석 - 139 -
이성근 - 140 -
교통세의휘발유수요에대한영향분석 - 141 -
이성근 - 142 -
교통세의휘발유수요에대한영향분석 - 143 -
이성근 - 144 -
교통세의휘발유수요에대한영향분석 - 145 -
이성근 - 146 -
교통세의휘발유수요에대한영향분석 - 147 -
이성근 - 148 -
교통세의휘발유수요에대한영향분석 - 149 -
이성근 - 150 -
교통세의휘발유수요에대한영향분석 - 151 -
이성근 - 152 -
교통세의휘발유수요에대한영향분석 - 153 -
에너지경제연구 제 2 권제 2 호에너지경제연구원 (Korea Energy Economics Institute: KEEI) 2003. 12, pp. 155-179 - 155 -
윤원철 - 156 -
열병합발전의비용배분에관한연구 - 157 -
윤원철 - 158 -
열병합발전의비용배분에관한연구 - 159 -
윤원철 - 160 -
열병합발전의비용배분에관한연구 - 161 -
윤원철 - 162 -
열병합발전의비용배분에관한연구 - 163 -
윤원철 설비비 총현가 년째의 설비비 할인률 균등화비용 총현가 할인률 할인률 할인률 - 164 -
열병합발전의비용배분에관한연구 - 165 -
윤원철 - 166 -
열병합발전의비용배분에관한연구 - 167 -
윤원철 전력측 분리비용 열측 분리비용 잔여비용 전력측 분리비용 열측 분리비용 잔여비용 열측 분리비용 열측 분리비용 전력측 분리비용 열측 분리비용 열측 잔여비용 - 168 -
열병합발전의비용배분에관한연구 - 169 -
윤원철 - 170 -
열병합발전의비용배분에관한연구 - 171 -
윤원철 연료절감량 연료절감량 연료절감량 연료절감량 - 172 -
열병합발전의비용배분에관한연구 - 173 -
윤원철 - 174 -
열병합발전의비용배분에관한연구 - 175 -
윤원철 - 176 -
열병합발전의비용배분에관한연구 - 177 -
윤원철 - 178 -
열병합발전의비용배분에관한연구 - 179 -
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에너지경제연구투고안내 에너지경제연구원에서는에너지경제분야의연구활성화및전문화를도모하고, 관련산ㆍ학ㆍ연의전문가들이학술적이론및기법연구결과를발표할수있는기회를확대하기위하여 에너지경제연구 를 2002년 12월창간호를시발점으로매년 2회지속적으로발간하고있습니다. 이에 에너지경제연구 에수록할원고를모집하오니전문가들의많은관심과투고를바랍니다. - 다음 - 투고대상 : 관련학계및전문가원고매수 : 200자원고지 80매이내 (A4용지 15매이내 ) 내용 : 에너지-자원-환경경제및정책연구관련모든분야원고마감 : 매년 4월 30일 (6월발행 ), 10월 31일 (12월발행 ) 문의 : 교육학술진흥실 (031-420-2252, gjjeong@keei.re.kr) 논문제출 : 투고시논문투고신청서를제출해야하며, 첨부파일을에너지경제연구원 Homepage <http://www.keei.re.kr> 에서다운로드받아작성하시기바랍니다. 채택된논문에대해서저자에게소정의원고료를지급합니다.
Volume. Number 2 December 2003 Youngduk Kim Young-Seok Moon ㆍ Dal-Sok Lee Hojeong Park ㆍ Gyeong-Lyeob Cho Euy-Seok Yang Changsuh Park Sung-Keun Lee Won-Cheol Yun