Decomposition and Decoupling of $CO_2$ emission in Korea's manufacturing industry

국내 제조업의 이산화탄소 배출 변화요인 및 디커플링 분석

This paper aims at identifying the factors that have influenced changes in the level of industrial $CO_2$ emissions. By means of complete decomposition method the observed changes are analyzed into five different factors: output level, energy intensity, energy mix and structural change and utility use. The application study refers to the manufacturing sectors in Korea. Moreover, this paper discusses the relationship between Korea's manufacturing $CO_2$ emission and economic growth (as measured by GDP), investigating whether economic growth is decoupling from $CO_2$ emission.