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    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/142847


    Title: Comparison of misallocation between the Chinese thermal power and hydropower electricity industries
    Authors: 李文傑;王信實
    Lee, Wen-Chieh;Wang, Shinn-Shyr
    Yu, Chin-Hsien;Zhao, Jinsong;Qin, Ping
    Contributors: 經濟系
    Keywords: Resource misallocation;Electricity;Thermal power sector;Hydroelectric sector;State-owned enterprises
    Date: 2022-11
    Issue Date: 2022-12-27 10:33:54 (UTC+8)
    Abstract: This study investigates the efficiency of resource allocation in China`s electricity industry. Using a plant-level dataset configured from the thermal and hydroelectric generation sources, we find resource misallocation in both types of electric generation sources. By further decomposing the source of misallocation, we reveal that compared with the hydropower industry, the thermal power industry suffered more from output distortions that reflect the staggering output prices of power plants. The 22.5%–38.3% thermal power total factor productivity gain occurred in both state- and nonstate-owned enterprises, resulting from the hypothetical energy structure improvement case, which also serves to assert the impact of the energy transition.
    Relation: Economic Modelling, Vol.116, 106007, pp.1-11
    Data Type: article
    DOI 連結: https://doi.org/10.1016/j.econmod.2022.106007
    DOI: 10.1016/j.econmod.2022.106007
    Appears in Collections:[經濟學系] 期刊論文

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