政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/142848

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政大機構典藏 > 社會科學學院 > 經濟學系 > 期刊論文 > Item 140.119/142848

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题名:	Resource misallocation and the development of hydropower industry
作者:	李文傑 Lee, Wen-Chieh Wu, Xiuqin;Zhao, Jinsong;Zhang, Dayong;Yu, Chin-Hsien
贡献者:	經濟系
关键词:	Hydropower;Resource misallocation;Market segmentation;Energy saving power dispatch approach policy
日期:	2022-01
上传时间:	2022-12-27 10:34:00 (UTC+8)
摘要:	This paper analyzes the issue of improving total factor productivity (TFP) in the hydropower industry from the perspective of resource allocation and the role of market segmentation. Specifically, we decompose the loss of TFP into capital distortion and output distortion, finding that the potential production improvement of the southwestern region is higher than that in eastern and mid-southern China, which further indicating that hydropower plants in the hydro-endowed region face more severe input distortions. Meanwhile, small hydropower plants face more severe output distortions than medium and large plants. We apply the difference-in-differences approach to further examine the effect of market segmentation on aggregate productivity. The results show that market segmentation aggravates the input distortions of hydropower plants, and China’s Energy Saving Power Dispatch Approach policy has significant heterogeneous effects on mitigating the input distortions. Our detailed micro-level analysis sheds lights on the investigation of policy design in the renewable sector and the implications found can potentially be extended to other countries.
關聯:	Applied Energy, Vol.306, Part.A, 118024
数据类型:	article
DOI 連結:	https://doi.org/10.1016/j.apenergy.2021.118024
DOI:	10.1016/j.apenergy.2021.118024
显示于类别:	[經濟學系] 期刊論文

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