Overview of the Chinese Electricity Industry and Its Current Issues
AbstractIn China, many ongoing problems in the electricity sector can be traced back to the old ‘centrally planned’ economy. Since the start of liberalization in the 1980s, the clash between a liberalized economy (excluding a few so-called strategic industries) and a centrally controlled electricity industry has gradually become more and more apparent. The Chinese electricity industry is in need of constructive restructuring. In the absence of a universal agreement on optimal industry design, the Chinese government should have a firm and clear understanding of the implications of electricity restructuring for long-term social welfare. Otherwise the electricity industry might, again, be locked into an inferior industry design which would be very costly to change.
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Bibliographic InfoPaper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 0617.
Date of creation: Feb 2006
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Chinese electricity industry; reform; electricity policy;
Find related papers by JEL classification:
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
- Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-02-19 (All new papers)
- NEP-CNA-2006-02-19 (China)
- NEP-COM-2006-02-19 (Industrial Competition)
- NEP-ENE-2006-02-19 (Energy Economics)
- NEP-SEA-2006-02-19 (South East Asia)
- NEP-TRA-2006-02-19 (Transition Economics)
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- Ujjayant Chakravorty & Martino Pelli & Beyza Ural Marchand, 2013.
"Does the Quality of Electricity Matter? Evidence from Rural India,"
Cahiers de recherche
13-05, Departement d'Economique de la Faculte d'administration à l'Universite de Sherbrooke.
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