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| DOI | 10.1016/j.enpol.2021.112296 |
| Does power grid infrastructure stimulate regional economic growth? | |
| Xu Z.; Das D.K.; Guo W.; Wei W. | |
| 发表日期 | 2021 |
| ISSN | 03014215 |
| 卷号 | 155 |
| 英文摘要 | What are the effects of power grid infrastructure investment on the regional economy, and what explains these effects? This paper uses the restricted profit model and a seemingly unrelated regression (SUR) to estimate the short-term and long-term effects of power grid infrastructure on regional economic growth in 30 provinces in China from 1998 to 2017. Our results show that (1) power grid infrastructure investment has a significant positive effect on regional economic growth; (2) the associated long-term impact on the economy is greater than the short-term impact; (3) regions with high energy demands and good industry fundation benefit more from power grid infrastructure in the long term; (4) the output elasticity of power-importing and balancing regions maintained an upward trend after an electricity shortage problem had been solved, while the elasticity in power-exporting regions was positive but steadily decreased because of the resource curse effect. This paper suggests that in the current stage, the power grid infrastructure is a good policy tool to drive regional economies. However, there are differences in investment priorities among different regions. © 2021 Elsevier Ltd |
| 关键词 | Long-term impactPower grid infrastructureRegional economic growthShort-term impact |
| 英文关键词 | Economic and social effects; Elasticity; Electric power system economics; Electric power system interconnection; Electric power transmission networks; Investments; Grid infrastructures; Infrastructure investment; Long-term impacts; Power; Power grid infrastructure; Power grids; Regional economic growths; Regional economy; Short term; Short-term impact; Regional planning; economic growth; electricity generation; electricity industry; electricity supply; infrastructural development; power line; profitability; regional economy; China |
| 语种 | 英语 |
| 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/205417 |
| 作者单位 | School of Government, Peking University, Beijing, 100871, China; Economics Discipline, Khulna University, Bangladesh; Arndt-Corden Department of Economics, Crawford School of Public Policy, Australian National University, Canberra ACT, 2600, Australia; The China Center for Urban Development, National Development and Reform Commission, Beijing, 100045, China; School of International and Public Affairs, Shanghai Jiao Tong University, Shanghai, 200030, C, China; SJTU-UNIDO Joint Institute of Inclusive and Sustainable Industrial Development, Shanghai Jiao Tong University, Shanghai, 200030, China; China Institute for Urban Governance, Shanghai Jiao Tong University, Shanghai, 200030, China |
| 推荐引用方式 GB/T 7714 | Xu Z.,Das D.K.,Guo W.,et al. Does power grid infrastructure stimulate regional economic growth?[J],2021,155. |
| APA | Xu Z.,Das D.K.,Guo W.,&Wei W..(2021).Does power grid infrastructure stimulate regional economic growth?.Energy Policy,155. |
| MLA | Xu Z.,et al."Does power grid infrastructure stimulate regional economic growth?".Energy Policy 155(2021). |
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