Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
A wedge or a weight? The effect of policy on the productive efficiency of the Chinese wind power industry
Promoting wind power is at the top of the government's agenda in China because of the cleanliness and sustainability of this power source. Improving the productive efficiency of the wind power industry (WPI) is crucial to accelerating the transformation of China's energy structure. Yet the question remains whether policies can effectively stimulate the productive efficiency of the WPI. Using microdata from listed Chinese wind power enterprises from 2006 to 2019, we measure the productive efficiency of these enterprises and then assess the effect of policy on this efficiency. The results show that between 2006 and 2019, the Chinese WPI is inefficient. The average productive efficiency of enterprises in eastern China is 0.164, higher than that of enterprises in central and western China (0.129). Moreover, there is a significant negative correlation between economic policy and the productive efficiency of enterprises. Soft policy is positively related to productive efficiency, whereas the effect of regulatory policy is not statistically significant.
A wedge or a weight? The effect of policy on the productive efficiency of the Chinese wind power industry
Promoting wind power is at the top of the government's agenda in China because of the cleanliness and sustainability of this power source. Improving the productive efficiency of the wind power industry (WPI) is crucial to accelerating the transformation of China's energy structure. Yet the question remains whether policies can effectively stimulate the productive efficiency of the WPI. Using microdata from listed Chinese wind power enterprises from 2006 to 2019, we measure the productive efficiency of these enterprises and then assess the effect of policy on this efficiency. The results show that between 2006 and 2019, the Chinese WPI is inefficient. The average productive efficiency of enterprises in eastern China is 0.164, higher than that of enterprises in central and western China (0.129). Moreover, there is a significant negative correlation between economic policy and the productive efficiency of enterprises. Soft policy is positively related to productive efficiency, whereas the effect of regulatory policy is not statistically significant.
A wedge or a weight? The effect of policy on the productive efficiency of the Chinese wind power industry
Jiang, Zihao (Autor:in) / Liu, Zhiying (Autor:in)
01.07.2021
14 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
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