Effects of restructuring of international trade on changing energy use patterns and CO{sub 2} emissions in Taiwan: 1981-1991

Technical Report · Sun Dec 31 04:00:00 EST 1995

OSTI ID:416346

Chen, Chia-Yon; Wu, Rong-Hwa ^[1]

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1. National Cheng Kung Univ. (Taiwan, Province of China)

Over the past two decades, as a result of the increasing complexity of world-wide economic developments, many countries have experienced dramatical changes in energy use patterns which in turn have affected the associated CO{sub 2} emission patterns. This is especially true with the major economic restructuring now underway in Taiwan. The Taiwan economy is highly export-oriented and trade-dependent. However, owing to the persistent trade surplus with its trading partners over the past years, The Taiwan economy was confronted with two phenomenon, namely, escalating excess savings and mounting trade surpluses. The latter exerted a great degree of upward pressure on the New Taiwan dollar. Furthermore, since the turn of the 80s, Taiwan is no longer a labor-surplus economy and wages have been on the rise, thereby blunting the competitive edge of its exports. Taiwan lost its comparative advantage in low-cost labor-intensive products to other emerging developing countries. To cope with the problems, the government has dedicated itself to a program of reorientation of trade policy, economic restructuring, and expansion of domestic demand.

• Research Organization: International Association for Energy Economics, Cleveland, OH (United States)
• OSTI ID: 416346
• Report Number(s): CONF-9507139--
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
CARBON DIOXIDE
DATA ANALYSIS
ECONOMIC DEVELOPMENT
ECONOMIC POLICY
EMISSION
ENERGY CONSUMPTION
ENERGY POLICY
TAIWAN
TRADE