GREEN GROWTH IN TAIWAN — AN APPLICATION OF THE OECD GREEN GROWTH MONITORING INDICATORS

Chien-Ming Lee and Hsuan-Hsuan Chou ()
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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

The Singapore Economic Review (SER), 2018, vol. 63, issue 02, 249-274

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.

Keywords: Green growth, composite indicator, PCA; AHP, sensitivity analysis (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1142/S0217590817400100

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