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Development of an Auxiliary Indicator for Improving the Rationality and Reliability of the National-Level Carbon Productivity Indicator

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  • Jong Hyo Lee

    (Program in Circular Economy Environmental System, Inha University, 100, Inha-ro, Michuhol-gu, Incheon 22212, Republic of Korea)

  • Hong Yoon Kang

    (Program in Circular Economy Environmental System, Inha University, 100, Inha-ro, Michuhol-gu, Incheon 22212, Republic of Korea)

  • Yong Woo Hwang

    (Department of Environmental Engineering, Inha University, 100, Inha-ro, Michuhol-gu, Incheon 22212, Republic of Korea)

Abstract

Global attention to climate change has surged since the advent of the Paris Agreement, intensifying the importance of measuring and managing carbon productivity indicators on a national level. Nevertheless, concerns persist regarding the reliability of such measurements because of inherent discrepancies in implementing and operating national-level carbon productivity indicators, coupled with their inherent uncertainty. This study proposes a multiple regression model to address these issues aimed at refining national-level carbon productivity indicator metrics, accounting for factors such as the gross domestic product and total greenhouse gas emissions by sectors. The objective was to offer insights into enhancing and effectively utilizing current indicators, enabling a more nuanced interpretation of the variation in the carbon productivity indicators across diverse industrial landscapes. This study showed that adjustments of the carbon productivity metrics reflect disparities in emissions across industrial structures, with countries characterized by high emissions from non-service industries showing improving trends. In addition, this paper proposes an auxiliary indicator estimating method for carbon productivity that, when utilized with current methodologies, is more usable to interpret productivity indicators within the context of varying industrial compositions across OECD countries. Moreover, by elucidating the nuances of industrial structures, this study advocates for more sophisticated approaches to interpreting and managing the productivity indicators tailored to the unique economic landscape of each country. Nevertheless, the limitations stemming from data availability underscore the need for further research, particularly in refining the national-level carbon resource productivity indicators analyses and exploring the thematic productivity variations in greater depth. By addressing these gaps, future studies will contribute to a more comprehensive understanding of national-level carbon resource productivity indicators dynamics and reveal targeted strategies for sustainable development.

Suggested Citation

  • Jong Hyo Lee & Hong Yoon Kang & Yong Woo Hwang, 2024. "Development of an Auxiliary Indicator for Improving the Rationality and Reliability of the National-Level Carbon Productivity Indicator," Energies, MDPI, vol. 17(15), pages 1-21, August.
    • Handle: RePEc:gam:jeners:v:17:y:2024:i:15:p:3831-:d:1449202
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    References listed on IDEAS

    as
    1. Larissa Talmon-Gros, 2014. "Development Patterns of Material Productivity," Contributions to Economics, Springer, edition 127, number 978-3-319-02538-4.
    2. Krausmann, Fridolin & Gingrich, Simone & Eisenmenger, Nina & Erb, Karl-Heinz & Haberl, Helmut & Fischer-Kowalski, Marina, 2009. "Growth in global materials use, GDP and population during the 20th century," Ecological Economics, Elsevier, vol. 68(10), pages 2696-2705, August.
    3. repec:pal:coneco:978-3-319-02538-4 is not listed on IDEAS
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