Intermediary Propositions for Green Growth with  Sustainable Governance

Choi, Yongrok

doi:10.3390/su71114785

Cited by 21 publications

(22 citation statements)

References 10 publications

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“…However, technological advancement itself is not sufficient to solve modern environmental problems such as natural resource depletions and global climate change [2]. These problems, which are embedded in a combination of complex social-ecological systems with multiple subsystems and internal variables within these subsystems, demand collaborative governance where resource users participate in developing rules and norms for managing the resources [2,3]. Policy solutions with one-size-fit-all recommendations are likely to fail to achieve environmental sustainability without voluntary and cooperative participation from the public.…”

Section: Introductionmentioning

confidence: 99%

“…Unfortunately, this instrumental mentality has been equally applied to the method of dealing with environmental problems that threaten our future survival. However, technological advancement itself is not sufficient to solve modern environmental problems such as natural resource depletions and global climate change [2]. These problems, which are embedded in a combination of complex social-ecological systems with multiple subsystems and internal variables within these subsystems, demand collaborative governance where resource users participate in developing rules and norms for managing the resources [2,3].…”

Section: Introductionmentioning

confidence: 99%

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Moderating Effects of Trust on Environmentally Significant Behavior in Korea

2017

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Abstract:To treat environmental problems and to seek sustainable development, voluntary and cooperative efforts, which is really against the traditional mentality with the emphasis on the individual competitive optimization, became the key to maintain the sustainability of complex social and ecological systems. To understand the cooperative and voluntary individual's environmentally significant behavior (ESB), this paper focuses on the role of trust, and assesses the effect of trust on the relationship between existing factors and ESB. A structural equation model (SEM) is constructed to estimate the moderating effects of trust on ESB in Korea. We found that people with a negative view on strict environmental regulations do not exhibit ESB and thus nudge policies could be much more effective than the forceful measure. It is noteworthy that public private partnership, as a kind of optimal trust, should be more promoted in the environmental protection policies.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Moderating Effects of Trust on Environmentally Significant Behavior in Korea

2017

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“…This paper showed clearly the lack of governance for a sustainable ETS policy in Korea; thus, the Korean government should engage in greater proactive efforts to upgrade the future sustainable performance of the ETS [37]. Especially, for the sustainable performance of ETS, the covered companies should make efforts to invest in green technology to improve its environmental efficiency, and the paper showed that there is huge potential for benefits from green investment to enhance environmental efficiency.…”

Section: Discussionmentioning

confidence: 99%

Are Emissions Trading Policies Sustainable? A Study of the Petrochemical Industry in Korea

Choi

Lee

2016

Sustainability

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In 2015, Korea inaugurated an emissions trading scheme (ETS). In this regard, many studies have considered the sustainable performance and efficiency of industries that emit carbon; however, few have examined ETS at company level. This paper focuses on companies' data related to Korean ETS in the petrochemical industry. Based on the non-radial, nonparametric directional distance function (DDF), the paper evaluates the governance factors related to ETS policies and sustainable performance in terms of carbon technical efficiency (CTE), the shadow price of carbon emissions, and Morishima elasticity between the input and undesirable output of carbon emissions. Using a dual model, the paper shows that Korean ETS has huge potential for participating companies to improve CTE. If all companies consider the production possibility frontier, they could potentially improve efficiency by 52.8%. Further, Morishima elasticity shows strong substitutability between capital and energy, implying that green technology investment should bring a higher degree of energy-saving performance. Unfortunately, however, the market price of carbon emissions is far too low compared with its shadow price, suggesting that the Korean government's price-oriented market intervention has resulted in the ETS producing poor sustainable performance. As the title suggests, ETS of Korea is not sustainable at the current stage, but with more efforts on the transition period, all the developing countries should support the governance factors of the ETS in terms of the more effective green investment with easier access to the green technology.

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“…To cope with these undesirable outcomes, all of the governments in the region have shifted their policy paradigms to place much more emphasis on environmental issues [1]. Due to the ever-increasing complexity of the issues in this field of sustainable development or green growth, there were many diverse views and suggestions put forward in SAC 2016, with most of them focused on matters of governance or the determining factors of various governance mechanisms.…”

Section: Background Of the Special Issuementioning

confidence: 99%

Sustainable Governance in Northeast Asia: Challenges for the Sustainable Frontier

Choi

2017

Sustainability

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This Special Issue consists of selected papers from the annual international Sustainable Asia Conference (SAC) 2016, held on Jeju Island, South Korea, from 28 June to 2 July 2016. SAC 2016 is one of the leading international conferences for presenting novel and fundamental advances in sustainable development issues for Asia. In this special issue, most of the papers emphasize the importance of sustainable governance in harmonizing economic development with a healthier life, while enhancing the quality of all economic activities. The majority of papers in this special issue also deal with problems of urbanization, because the Northeast Asian countries are experiencing the transformation of their economic structure from quantitatively oriented development to the qualitative, highlighting socioeconomic performance. There has been a vast amount of discussion and many ideas put forward on sustainable development, but as the Marrakech Proclamation of COP 22 concluded in November 2016, it is now time to meet the practical challenges of sustainable development. This special edition will shed light on the action plan against global warming and environmental degradation.

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Intermediary Propositions for Green Growth with Sustainable Governance

Cited by 21 publications

References 10 publications

Moderating Effects of Trust on Environmentally Significant Behavior in Korea

Moderating Effects of Trust on Environmentally Significant Behavior in Korea

Are Emissions Trading Policies Sustainable? A Study of the Petrochemical Industry in Korea

Sustainable Governance in Northeast Asia: Challenges for the Sustainable Frontier

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