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Incentivizing sustainable development: The impact of a recent policy reform on electricity production efficiency in China
dc.contributor.authorLi, Fan
dc.contributor.authorXie, Jiajia
dc.contributor.authorWang, Wenche
dc.date.accessioned2019-09-30T15:32:01Z
dc.date.availableWITHHELD_11_MONTHS
dc.date.available2019-09-30T15:32:01Z
dc.date.issued2019-07
dc.identifier.citationLi, Fan; Xie, Jiajia; Wang, Wenche (2019). "Incentivizing sustainable development: The impact of a recent policy reform on electricity production efficiency in China." Sustainable Development 27(4): 770-780.
dc.identifier.issn0968-0802
dc.identifier.issn1099-1719
dc.identifier.urihttps://hdl.handle.net/2027.42/151331
dc.description.abstractChina’s rapid economic growth has tremendously accelerated its energy use, calling for a more sustainable supply of scarce and nonrenewable energy. Using a firm‐level dataset of 30 major Chinese electricity utilities from 2010 to 2014, this paper applies a stochastic frontier analysis to determine the utilities’ technical efficiency, incorporating their operational environments related to a recent policy reform to encourage sustainable development. Our main findings are (a) state ownership, consumer density, and a chief executive officer with a science and engineering background are factors that can improve technical efficiency; (b) asset‐related subsidy increases efficiency whereas income‐related subsidy lowers efficiency; and (c) the five largest regional electricity generation firms exhibit above‐average efficiency levels. These results provide evidence that supports the recent Chinese policy reform. The findings also suggest that electricity generation efficiency, which is essential to sustainable economic development, can be improved through performance‐based regulation and incentives.
dc.publisherWiley Periodicals, Inc.
dc.publisherSpringer
dc.subject.otherstochastic frontier analysis
dc.subject.othergovernment subsidy
dc.subject.otherelectricity
dc.subject.otherefficiency
dc.titleIncentivizing sustainable development: The impact of a recent policy reform on electricity production efficiency in China
dc.typeArticle
dc.rights.robotsIndexNoFollow
dc.subject.hlbsecondlevelUrban Planning
dc.subject.hlbsecondlevelEcology and Evolutionary Biology
dc.subject.hlbsecondlevelEducation
dc.subject.hlbsecondlevelInformation and Library Science
dc.subject.hlbsecondlevelNatural Resources and Environment
dc.subject.hlbsecondlevelSocial Sciences (General)
dc.subject.hlbtoplevelScience
dc.subject.hlbtoplevelSocial Sciences
dc.description.peerreviewedPeer Reviewed
dc.description.bitstreamurlhttps://deepblue.lib.umich.edu/bitstream/2027.42/151331/1/sd1942.pdf
dc.description.bitstreamurlhttps://deepblue.lib.umich.edu/bitstream/2027.42/151331/2/sd1942_am.pdf
dc.identifier.doi10.1002/sd.1942
dc.identifier.sourceSustainable Development
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dc.owningcollnameInterdisciplinary and Peer-Reviewed


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