期刊名称:Journal of Asian Finance, Economics and Business
印刷版ISSN:2288-4637
电子版ISSN:2288-4645
出版年度:2014
卷号:1
期号:3
页码:17-28
DOI:10.13106/jafeb.2014.vol1.no3.17
语种:English
出版社:Korean Distribution Science Association
摘要:The paper deals with the impact of the product distribution and information technology sectors on energy resource use,carbon emissions and economic growth by examining the long-run equilibrium relationships and Granger causal relationships among these variables in South Korea.The quarterly time series data from the first quarter of 1970 to the third quarter of 2010 (163 observations) are collected and retrieved from the Bank of Korea database.The paper examines the long-run equilibrium relationships using cointegration techniques and Granger causality using vector error correction models.Test results indicate a long-run equilibrium relationship exists among these variables.In testing directional causality,both the product distribution and the information technology sectors show direct effects on economic growth but only marginal effects on carbon emissions.
关键词:energy resources;product distribution;information technology;carbon emissions;economic growth;South Korea