• Title/Summary/Keyword: Carbon Income

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Changes in Profitability of a Double Cropping using the Carbon Fixation Method (탄소고정방식을 활용한 농작물 이모작의 수익성 변화)

  • Mo, Tae-Jun;Kim, Brian H.S.
    • Journal of Korean Society of Rural Planning
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    • v.26 no.2
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    • pp.61-70
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    • 2020
  • The purpose of this study is to calculate the annual carbon reduction of crops according to the carbon fixation method of agricultural land, therefore to analyze whether the economic inducement of farmers to switch from single cropping to double cropping if the amount of carbon reduction were traded on the Korea Exchange. The analysis targets were Gyeonggi Province, which was divided into four areas to compare the difference between agricultural income and carbon income by crop and cropping system. Agricultural profit was estimated by multiplying the prior data of 2012 by the change rate of the consumer price index, and carbon income was calculated through the carbon reduction for each crop and the average transaction price of KAU19 traded on the Korea Exchange. According to the analysis, the profit rate of double cropping in all areas is -110.4% to 23% compared to single cropping, when only agricultural profit is taken into account, with no economic inducement for farmers to change the cropping system. However, when carbon income is taken into account together, the profit rate of double cropping rises significantly from 122.5% to 238.9% over a single operation in all areas, resulting in an economic inducement to switch the cropping system. This research is meaningful in that farming households could raise their income by additional carbon income, and that carbon credits could be supplied at Korea Exchange to further boost the carbon emission exchange.

Economic Analysis of the Seaweed Forest Creation Project : the Case of Jeju Woodo Seokwang-ri (해중림 조성사업의 경제성 분석:제주 우도 서광리 어장을 중심으로)

  • Kang, Seok-Kyu
    • The Journal of Fisheries Business Administration
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    • v.42 no.1
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    • pp.37-55
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    • 2011
  • This study is to examine the economic effects of seaweed forest creation project in the case of Jeju Woodo Seokwang-ri. Seaweed forest creation project will raise up the quality and quantity of coastal fisheries resource and improve the structure of coastal ecosystem as a project the recovery of coastal fisheries resource against barren ground like whitening event. The economic effect by seaweed forest creation project can be found not only in the income increase of fishermen but also in reduction of carbon dioxide. The results of this study are summarized as follows: First, the income increase effect of fishermen has economic value of 26,945 thousand won under a 30-year cash flow based on a 8.5% discount rate. This suggests that the seaweed forest creation project increases income of fishermen. Second, the reduction effect of carbon dioxide has economic value of 1,083 thousand won per year. This indicates that the seaweed forest creation project reduces carbon dioxide. In conclusion, the results of this study suggest the seaweed forest creation project has economic value in the case of Jeju Woodo Seokwang-ri.

Population growth and carbon dioxide emission: An investigation of the Africa perspective

  • Saka, Abdulrasaki
    • East Asian Journal of Business Economics (EAJBE)
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    • v.2 no.4
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    • pp.1-8
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    • 2014
  • This study examines the relationship between population growth and carbon dioxide emissions in the context of Africa perspective. Population growth and carbon dioxide emissions helped identify the key driving forces of environmental impacts by including other predictors in all the different income levels of all sampled countries in Africa. To explore the role of population growth in the emissions of carbon dioxide, this research employed a panel data set of 52 Africa countries from 1960 to 2012 using fixed effects, random effects and GLS/FGLS estimators to estimate the modified STIRPAT model. The results found that a 1% increase in population growth suggests an increase in carbon dioxide emission loads by about 0.33%, 1.08%, 0.57% and 2.32% on the average, controlling for all other anthropogenic driving forces, for LICA, LMICA, UICA and HICA respectively. There is a significant relationship between population growth and carbon dioxide emissions in all the national income levels in Africa.

Revenue Neutral Introduction of Carbon Tax and Double-dividend Effect on the Korean Economy (우리나라의 조세중립적 탄소세 도입의 이중배당 효과)

  • Lim, Jong-Soo;Kim, Yong-Gun
    • Environmental and Resource Economics Review
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    • v.19 no.1
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    • pp.45-80
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    • 2010
  • A computable general equilibrium model has been used to analyze the likelihood of double-dividend effect in Korean economy. Revenue neutral introduction of carbon tax through the reduction in payroll tax and corporate income tax had been experimented in this regard. Double-dividend measured by income shows the existence of weak double-dividend in both cases, while double-dividend measured by consumption level could not be found in case of carbon tax with corporate income tax reduction. A notable result is in the employment measured double-dividend effect as the sizable strong double-dividend effect were found in the case of carbon tax with payroll tax reduction.

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The Comparative Analysis for the Economic Value of the Southern Part Cropping System Introducing New Bio-energy Crops. (영.호남 작부체계의 바이오에너지용 신품종 도입시 경제적 가치 비교분석)

  • Kim, Chung-Sil;Lee, Hyun-Keun
    • Korean Journal of Organic Agriculture
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    • v.17 no.1
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    • pp.1-17
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    • 2009
  • The production of bio-energy crops is a major research project in the emphasizing the "low carbon green growth" strategy. For this, the possibility of the introduction of the new energy crops improve the agricultural income from fanning must be diagnosed. This study describes the level of agricultural income per unit area by cropping system based on the income of crops in the field. Especially, we have chosen the southern part attracting the attention in the possible area of the bio-energy crop production. This study consists of five chapters. Chapter I is the introduction. Chapter II is on the status of the southern part cropping system and the analysis of the economic value. Chapter III is on the economic value analysis introducing new bio-energy crops. Chapter IV is on the comparative analysis for the economic value of the croping system introducing new bio-energy crops. Chapter V is the conclusion.

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A Comparative Study Between Korea And Japan on Low-Carborn Vehicles Selection attributes and purchase Dates According to Consumer Characteristics (소비자 특성에 따른 저탄소자동차선택속성요인과 구매 시기에 관한 한·일 비교연구)

  • Yim, Ki-Heung
    • Journal of Digital Convergence
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    • v.17 no.12
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    • pp.159-170
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    • 2019
  • This study is an online survey for consumers in the metropolitan areas of Japan and Korea, which are advanced countries in Asia, and the maturity of the automobile market. The purpose of this study is to compare the results of Korea and Japan. As a result of this study, we analyzed the differences between the consumer characteristics and the optional attribute factors of low-carbon automobiles of Korea. There was a difference. It was found that the factors of low carbon car selection attribute differed with age, and that stability was more important when selecting low carbon car as income level increased. In Japan, there were no differences in the selection attribute factors of low carbon cars by gender, age and income. In addition, there is no difference in the relationship between the future purchase timings of low-carbon car types in both Korea and Japan. Implications of this study Korea has a meaningful result that Korea tends to select low-carbon automobiles with an emphasis on economic aspects and ages, and that safety tends to emphasize safety of low-carbon automobiles according to income levels. In the case of low carbon car, there was a tendency to select a low carbon car without any difference in consumer characteristics. The relationship between the expected purchase time according to the type of low carbon car and the Korean car show that the preferred car within the next 10 years among the low carbon car types is electric car and Japan prefers hybrid car.

Comparing Production- and Consumption- based CO2 Emissions by Economic Growth

  • Jooman Noh;Hong Chong Cho
    • Journal of Korea Trade
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    • v.26 no.8
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    • pp.21-36
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    • 2022
  • Purpose - Carbon emission standards are based on the "production-based carbon emissions" generated by the production of goods in the relevant country which were the existing measurement methods. However, can such carbon emissions measurement standards be established international? For example, some of the goods produced in developing countries are produced for the demand of developed countries. The method of measuring carbon emission based on the final demand of a certain country is called "consumption-based carbon emissions." This study compares productionand consumption-based CO2 emissions according to economic growth in ninety-three countries categorized by income level. Design/methodology - Our empirical model considers the difference between production- and consumption-based CO2 emissions according to economic growth. Also, our model investigated whether the EKC hypothesis in most of the previous studies that had been based on production-based emissions was also established in the consumption-based emission model. Considering the continuous characteristics of CO2, we utilized the generalized method of moments (GMM), specifically a system GMM econometric technique because CO2 in the previous period can affect CO2 in the present period. Findings - Our main findings can be summarized as follows: The results show that for the consumption-based CO2 emissions model, CO2 continuously increases as economic growth increases in the upper-middle income countries. The inverted U-shaped result was found in the case of the production-based model. However, in the lower-income countries, an inverted-U shape in which CO2 emissions decrease at some point as the economy grows in the production-based model does not appear. On the other hand, in the consumption-based model, an inverted U-shaped result was obtained when estimating with system-GMM. Additionally, the proportion of manufacturing, energy imports, and energy consumption had an effect on both the production- and the consumption-based model regardless of the group's CO2 emissions. On the basis of such assessments, policymakers need to consider not only production- but also consumption-based options. Originality/value - Previous studies have mainly focused on production-based CO2 emissions, with most of them revolving around economic growth or the effect of various social and economic factors on CO2 emissions. However, this study considers the relationship with economic growth using consumption-based emissions as a dependent variable by classifying ninety-three countries by income level.

Estimation of Carbon Footprint in Cherry-tomato Production System and Carbon Labelling in Agriculture Product (시설방울토마토의 생산과정에 있어 탄소배출량 산정과 농산물의 탄소라벨링)

  • Kim, Young-Ran;Yoon, Sung-Yee
    • Korean Journal of Organic Agriculture
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    • v.19 no.3
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    • pp.291-308
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    • 2011
  • This study was carried out to estimate carbon footprint and to establish of LCA of cherry-tomato production system. I have case study in cultivate cherry tomato (1 kg) calculate in carbon foot print. LCA carried out to estimate carbon foot print and to establish of LCI (life cycle inventory) database of cherry tomato production system. The data is from Research of Farmer's income in 2007 (RDA, 2008), and used Pass (4.1.3) program. The value of fertilizer, amount of pesticide input were show the environmental effect and direct emission. Carbon foot printing in agriculture guarantee the choice right th consumer th choose the row carbon goods. Its can make to strengthen of agriculture and food industry's reduction effort of $CO_2$. Nowadays consumer request food's safety and environment friendly process. Carbon foot printing needs consumer's relief and incentives.

Study of Garlic's Carbon Footprint though LCA (전과정평가를 통한 마늘의 탄소배출량 산정연구)

  • Yoon, Sung-Yee;Kim, Young-Ran;Kim, Tae-Ho;Park, Jin-Hyun;Ahn, Sung-Woo
    • Korean Journal of Organic Agriculture
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    • v.20 no.2
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    • pp.161-172
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    • 2012
  • This study was carried out to estimate carbon footprint and to establish of LCA of garlic production system. We have case study in cultivate garlic 1 kg calculate in carbon footprint. LCA carried out to estimate carbon footprint and to establish of LCI (life cycle inventory) database of garlic production system. The data is from Research of Farmer's income in 2010 (RDA, 2011), and used Pass (5.0.0) program. The value of fertilizer, amount of pesticide input were shown the environmental effect and direct emission. Carbon footprint in agriculture guarantees the choice right the consumer to choose the lower carbon goods. Its can make to strengthen of agriculture and food industry's reduction effort of $CO_2$. Nowadays consumer requests food's safety and environment friendly process. Carbon footprint also needs consumer's relief and incentives.

온실가스 감축에 대한 기술진보와 탄소세수 환원의 경제적 파급효과

  • O, Jin-Gyu;Jo, Gyeong-Yeop
    • Environmental and Resource Economics Review
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    • v.21 no.2
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    • pp.371-416
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    • 2012
  • This study has developed Computable General Equilibrium (CGE) model reflecting endogenous growth economic theory, with the aim of analyzing double dividend hypothesis. This study analyzes possibility of economic growth and environmental improvement at the same time when government recycles the revenue of carbon tax to reduce existed taxes such as consumption tax, labor income tax, corporate tax. It also assesses the case of subsidy on R&D investment of renewable energy. With new and renewable generation technology adopted and disseminated, GDP loss would be lessened to a great degree. Tax recycling would provide economic gain by reducing distortion existed in the existing fiscal structure. The magnitude of economic gains from carbon tax recycling is biggest for recycling into corporate tax, and labor income tax, and then consumption tax in this order. It is also shown that double dividend effects occur in dynamic terms when government uses a carbon tax revenue to subsidize on R&D investment. At the end of the analysis period, emissions reduction would not result in GDP loss but in GDP gain. In particular, recycling into R&D increase would produce the largest and fastest GDP gain. Thus, implementing emissions reduction target would require careful consideration of economic effects by various policy instrument, including carbon tax.

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