A dynamic industry-related analysis on investment, energy consumption and CO 2 emissions

In the present study, we employs a dynamic industry-related model to estimate the economic spillover effect and the CO 2 emissions from both R&D of government and private equipment investment. The present study attempts to measure (1) the investment multiplier of government R&D and private equipment investment, (2) the difference in the employment creation effect of government R&D and private equipment investment and (3) The CO 2 emission of both governmental R&D and private equipment investment, and further to propose the direction of Taiwan's industrial development.