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Policy implication of economic-environmental linkage in Korea

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  • Policy implication of economic-environmental linkage in Korea
  • Park, Yong Sung
  • Seoul National University(Graduate School of Public Administration)


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Title Policy implication of economic-environmental linkage in Korea
Similar Titles
Material Type Articles
Author(English)

Park, Yong Sung

Publisher

[Seoul]:Seoul National University(Graduate School of Public Administration)

Date 2004
Journal Title; Vol./Issue Seoul National University:vol. 18(no. 1)
Pages 13
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Territorial Development < Environment
Holding Seoul National University

Abstract

While the rapid growth of the Korean economy has been extensively researched, relatively little attention has been paid the environmental consequences. The first part of the papaer reviewed the evidence on the relationship between economic growth and the state of the environment within the context of the interdependence between the three economic spheres. The latter part of paper identified the environmental implications of economic growth for Korea. Based on the environmental Kuznet's Curve(EKC) test, Korean economy during the past decades appears to be broadly consistent with a positive pattern of interaction between economic growth, industrialization and the environment. Even if economic growth in Korea contributes to slightly positive structural and technological effects that offset the negative scale effects of local air pollutants, economic growth does not address the cumulative effects of pollution. In this context, Korea needs a policy for structural and technological changes that "dematerialization" and "depollute" economic activities. Such a policy will induce profound changes in the energy intensity industrial structure.