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題名 Comparison of misallocation between the Chinese thermal power and hydropower electricity industries
作者 李文傑; 王信實
Lee, Wen-Chieh; Wang, Shinn-Shyr
Yu, Chin-Hsien;Zhao, Jinsong;Qin, Ping
貢獻者 經濟系
關鍵詞 Resource misallocation; Electricity; Thermal power sector; Hydroelectric sector; State-owned enterprises
日期 2022-11
上傳時間 27-Dec-2022 10:33:54 (UTC+8)
摘要 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.
關聯 Economic Modelling, Vol.116, 106007
資料類型 article
DOI https://doi.org/10.1016/j.econmod.2022.106007
dc.contributor 經濟系-
dc.creator (作者) 李文傑; 王信實-
dc.creator (作者) Lee, Wen-Chieh; Wang, Shinn-Shyr-
dc.creator (作者) Yu, Chin-Hsien;Zhao, Jinsong;Qin, Ping-
dc.date (日期) 2022-11-
dc.date.accessioned 27-Dec-2022 10:33:54 (UTC+8)-
dc.date.available 27-Dec-2022 10:33:54 (UTC+8)-
dc.date.issued (上傳時間) 27-Dec-2022 10:33:54 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/142847-
dc.description.abstract (摘要) 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.-
dc.format.extent 109 bytes-
dc.format.mimetype text/html-
dc.relation (關聯) Economic Modelling, Vol.116, 106007-
dc.subject (關鍵詞) Resource misallocation; Electricity; Thermal power sector; Hydroelectric sector; State-owned enterprises-
dc.title (題名) Comparison of misallocation between the Chinese thermal power and hydropower electricity industries-
dc.type (資料類型) article-
dc.identifier.doi (DOI) 10.1016/j.econmod.2022.106007-
dc.doi.uri (DOI) https://doi.org/10.1016/j.econmod.2022.106007-