globalchange  > 气候变化与战略
DOI: 10.1016/j.enpol.2019.111231
论文题名:
A developmental state: How to allocate electricity efficiently in a developing country
作者: Fu T.; Jian Z.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 138
语种: 英语
中文关键词: Allocative efficiency ; China ; Developmental state ; Electricity
英文关键词: Air pollution ; Developing countries ; Efficiency ; Electricity ; Greenhouse gases ; Allocation efficiencies ; Allocative efficiency ; Anthropogenic emissions ; China ; Developmental state ; Electricity generation ; Environmental concerns ; Political stability ; Fossil fuels ; developing world ; electricity supply ; energy efficiency ; energy policy ; fossil fuel ; state led development ; China
英文摘要: Fossil fuel has been the main raw material in electricity generation though it is also the source of greenhouse gases and anthropogenic emissions from air pollution. To minimize the consumption of fossil fuel out of environmental concern, electricity needs to be allocated efficiently. Mainstream economics advocates arm's-length regulation in allocation of utility products, but regulatory systems in most developing countries are underdeveloped. To the best of our knowledge, this paper offers the first attempt to identify that the trajectory of a developmental state is an option to a developing country. With micro-evidence from China, we document that more reliable electricity is supplied to firms with high value added, with robustness to the potential endogeneity bias. Thus, we find that electricity-allocation efficiency in China is positive and causally meaningful. As we further show, three important conditions of a developmental state determine allocative efficiency: political stability promotes allocative efficiency; whereas both corruption and harmful tax policies reduce allocative efficiency. Ultimately, we show that electricity in a developing country can be allocated efficiently by a developmental state even though its utility regulations are not mature. © 2020 Elsevier Ltd
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资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167166
Appears in Collections:气候变化与战略

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作者单位: Institute of Industrial Economics/Center for Regulation and Competition, Jiangxi University of Finance and Economics, Nanchang, 330013, China; School of business administration, Guangdong University of Finance and Economics, Guangzhou, 510320, China

Recommended Citation:
Fu T.,Jian Z.. A developmental state: How to allocate electricity efficiently in a developing country[J]. Energy Policy,2020-01-01,138
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