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The combination of building energy management technology and technology of the Fourth Industrial Revolution has a significant potential for reducing energy consumption and, hence, CO2 emissions. However, numerous studies have indicated barriers preventing market growth. These challenges are mainly attributed to characteristics of the ecosystem of the building energy management systems (BEMS) industry. Thisstudy aimed to identify the major challenges hindering the deployment of BEMS in combination with Fourth Industrial Revolution technologies and to derive policies conducive to the achievement of the effective BEMS industry ecosystem. An analytic hierarchy process (AHP) survey was conducted on key players in the ecosystem to achieve this. The main elements of the ecosystem, economic, institutional, technology, and social system that earned weight, followed a decreasing trend in this order. Among the sub-elements, the payback period, upfront cost, electricity pricing scheme, energy consumption/CO2 emission reduction, and government support system ranked first to fifth places, respectively. This result can be used to determine the element in need of priority allocation of resources while establishing an effective BEMS. However, the priority depends on the development stage at which the industry is at, and other elements should not be overlooked.
Eunji Kim; Yoonhee Ha. Vitalization Strategies for the Building Energy Management System (BEMS) Industry Ecosystem Based on AHP Analysis. Energies 2021, 14, 2559 .
AMA StyleEunji Kim, Yoonhee Ha. Vitalization Strategies for the Building Energy Management System (BEMS) Industry Ecosystem Based on AHP Analysis. Energies. 2021; 14 (9):2559.
Chicago/Turabian StyleEunji Kim; Yoonhee Ha. 2021. "Vitalization Strategies for the Building Energy Management System (BEMS) Industry Ecosystem Based on AHP Analysis." Energies 14, no. 9: 2559.
The idea of “green growth” has received international attention for more than a decade as a promising solution to a distinctly modern problem: a century of unparalleled increases in wealth based on equally unparalleled innovations in energy technology accompanied by global environmental threats such as climate change and persistent socioeconomic inequality. The green growth premise is that this problem can be solved without surrendering continued economic growth by a redirection of human effort to invent green energy technology, green energy markets, and green energy choice. Proponents have argued that green‐energy based economic growth represents a paradigm shift bringing forth sustainable and equitable relations between environment, economy, and society. The paper reviews a decade of green energy growth strategies and practices. The Korean Green Growth Initiative (KGGI) is investigated as a case study of green energy growth operationalization. Korea’s experiment was widely hailed by international bodies such as The Organization for Economic Cooperation and Development (OECD) and United Nations Department of Economic and Social Affairs (UNDESA) for its bold attempt at paradigm shift, with the hope that, if it succeeded, countries currently on the periphery of modern development would be able to overcome conditions of poverty, environmental degradation, and political dependency. But our analysis of the Korean case questions the idea and ideology of green energy growth, demonstrating instead that KGGI was quickly coopted by the paradigm it was supposed to supplant. In this respect, one contradiction in the strategy and practice of green energy growth has been its promise to change the trajectory of modern development without requiring serious changes in modern values and ideology. This article is categorized under: Energy and Climate > Economics and Policy Energy and Development > Climate and Environment Energy and Development > Economics and Policy
Yoon‐Hee Ha; John Byrne. The rise and fall of green growth: Korea's energy sector experiment and its lessons for sustainable energy policy. Wiley Interdisciplinary Reviews: Energy and Environment 2019, 8, 1 .
AMA StyleYoon‐Hee Ha, John Byrne. The rise and fall of green growth: Korea's energy sector experiment and its lessons for sustainable energy policy. Wiley Interdisciplinary Reviews: Energy and Environment. 2019; 8 (4):1.
Chicago/Turabian StyleYoon‐Hee Ha; John Byrne. 2019. "The rise and fall of green growth: Korea's energy sector experiment and its lessons for sustainable energy policy." Wiley Interdisciplinary Reviews: Energy and Environment 8, no. 4: 1.
There are many studies that look into the relationship between public debt and economic growth. It is hard to find, however, research addressing the role of corruption between these two variables. Noticing this vacancy in current literature, we strive to investigate the effect of corruption on the relationship between public debt and economic growth. For this purpose, the pooled ordinary least squares (OLS), fixed effects models and the dynamic panel generalized method of moments (GMM) models (Arellano-Bond, 1991) are estimated with data of 77 countries from 1990 to 2014. The empirical results show that the interaction term between public debt and corruption is statistically significant. This confirms the hypothesis that the effect of public debt on economic growth is a function of corruption. The sign of the marginal effect is negative in corrupt countries, but public debt enhances economic growth within countries that are not corrupt, i.e., highly transparent.
Eunji Kim; Yoonhee Ha; Sangheon Kim. Public Debt, Corruption and Sustainable Economic Growth. Sustainability 2017, 9, 433 .
AMA StyleEunji Kim, Yoonhee Ha, Sangheon Kim. Public Debt, Corruption and Sustainable Economic Growth. Sustainability. 2017; 9 (3):433.
Chicago/Turabian StyleEunji Kim; Yoonhee Ha; Sangheon Kim. 2017. "Public Debt, Corruption and Sustainable Economic Growth." Sustainability 9, no. 3: 433.