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Green Growth In Taiwan — An Application Of The Oecd Green Growth Monitoring Indicators

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  • CHIEN-MING LEE

    (Associate Professor of National Taipei University, Institute of Natural Resources Management, No. 151 Daxue Rd., Sanxia District, New Taipei City, Taiwan)

  • HSUAN-HSUAN CHOU

    (Associate Researcher at the National Taipei University, Institute of Natural Resources Management, No. 151 Daxue Rd., Sanxia District, New Taipei City, Taiwan)

Abstract

Green growth is a global priority strategy for responding to climate change. This paper applies the OECD (2011a) green growth monitoring indicators framework to analyze 20 indicators of progress toward green growth specific to Taiwan. Principal Component Analysis and Analytic Hierarchy Process are used as weighting methods to calculate an aggregating composite index and perform sensitivity testing. The results show that for the past decade (2002–2011), Taiwan has been moving toward green growth but has been negatively impacted by its natural capital stock. This indicates that improving natural capital stock is a key for sustaining green growth in Taiwan.

Suggested Citation

  • Chien-Ming Lee & Hsuan-Hsuan Chou, 2018. "Green Growth In Taiwan — An Application Of The Oecd Green Growth Monitoring Indicators," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 63(02), pages 249-274, March.
    • Handle: RePEc:wsi:serxxx:v:63:y:2018:i:02:n:s0217590817400100
    DOI: 10.1142/S0217590817400100
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    Cited by:

    1. Seyithan Ahmet Ates & Kursad Derinkuyu, 2021. "Green growth and OECD countries: measurement of country performances through distance-based analysis (DBA)," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(10), pages 15062-15073, October.
    2. Chen, Liang & Ma, Rui & Li, Jing & Zhou, Fengjiao, 2024. "Revolutionizing sustainable economic growth in China: Harnessing natural resources, green development, and fintech for a greener future," Resources Policy, Elsevier, vol. 92(C).
    3. Beata Gavurova & Silvia Megyesiova & Matej Hudak, 2021. "Green Growth in the OECD Countries: A Multivariate Analytical Approach," Energies, MDPI, vol. 14(20), pages 1-20, October.

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