气候变化领域集成服务门户(CCPortal): A developmental state: How to allocate electricity efficiently in a developing country

CCPortal

DOI	10.1016/j.enpol.2019.111231
	A developmental state: How to allocate electricity efficiently in a developing country
	Fu T.; Jian Z.
发表日期	2020
ISSN	0301-4215
卷号	138
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
英文关键词	Allocative efficiency; China; Developmental state; Electricity
语种	英语
scopus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
来源期刊	Energy policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/124861
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
推荐引用方式 GB/T 7714	Fu T.,Jian Z.. A developmental state: How to allocate electricity efficiently in a developing country[J],2020,138.
APA	Fu T.,&Jian Z..(2020).A developmental state: How to allocate electricity efficiently in a developing country.Energy policy,138.
MLA	Fu T.,et al."A developmental state: How to allocate electricity efficiently in a developing country".Energy policy 138(2020).