Advanced Search
MyIDEAS: Login to save this paper or follow this series

China’s Electricity Market Reform and Power Plants Efficiency

Contents:

Author Info

  • Ma, Chunbo
  • Zhao, Xiaoli
  • Ma, Qian
  • Zhao, Yue

Abstract

In the past three decades, Chinese electricity industry has experienced a series of regulatory reforms serving different purposes at different stages. In 2002, the former vertically integrated electricity utility - the State Power Corporation (SPC) – was divested and the generation sector was separated from the transmission and distribution networks in an effort to improve production efficiency. In this paper we study the impact of the reform on efficiency of fossil-fired power plants using plant-level data during 2000-2008. Our results from the data envelopment analysis (DEA) and panel regressions show that: 1) the total factor productivity (TFP) growth mainly comes from technological change; 2) the technical efficiency of previously SPC-managed power plants is converging to that of better-performing independent power producers (IPPs); 3) capacity utilization and unit size are significant factors affecting changes in technical efficiency and the pattern of converging technical efficiency between the two kinds of power plants; 4) most plants operate at increasing returns to scale indicating further cost savings could be achieved through increasing output.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://purl.umn.edu/117811
Download Restriction: no

Bibliographic Info

Paper provided by University of Western Australia, School of Agricultural and Resource Economics in its series Working Papers with number 117811.

as in new window
Length:
Date of creation: 07 Nov 2011
Date of revision:
Handle: RePEc:ags:uwauwp:117811

Contact details of provider:
Postal: 35 Stirling Highway, Crawley, WA 6009
Phone: (61) (8) 6488 1757
Fax: (61) (8) 6488 1098
Email:
Web page: http://www.are.uwa.edu.au/
More information through EDIRC

Related research

Keywords: Efficiency; DEA; Malmquist Index; China; Electricity; Industrial Organization; Productivity Analysis; Resource /Energy Economics and Policy; D24; L11; L51; L94; L98;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Blanco Orozco, Napoleón Vicente & Zuniga Gonzalez, Carlos Alberto, 2013. "Productivity Analysis in Power Generation Plants Connected to the National Grid: A New Case of Bio Economy in Nicaragua," MPRA Paper 49356, University Library of Munich, Germany, revised 25 Feb 2013.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ags:uwauwp:117811. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.