ICT Investment for Energy Use in the Industrial Sectors

Viac o knihe

Focusing on the interplay between production inputs and energy demand, this book analyzes 30 industrial sectors in South Korea and Japan over several decades. It emphasizes the role of ICT investment in shaping energy consumption patterns for both consumers and producers. A dynamic factor demand model is introduced, which incorporates adjustment costs related to lost output from ongoing production, providing a comprehensive understanding of energy demand dynamics in these economies.