Unlocking productivity in China's electricity sector: the impact of market reforms on total factor productivity

被引：0

作者：

Zhang, Aiping ^{[1
]}

Liu, Fubin ^{[2
]}

Li, Xiaogang ^{[2
]}

You, Ningning ^{[3
]}

Wang, Qian ^{[4
]}

机构：

[1] Shanghai Maritime Univ, Sch Econ & Management, Shanghai, Peoples R China

[2] East China Branch State Grid Corp China, Shanghai, Peoples R China

[3] Shanghai Jiao Tong Univ, Antai Coll Econ & Management, Shanghai, Peoples R China

[4] Fujian Agr & Forestry Univ, Coll Econ & Management, Fuzhou, Peoples R China

来源：

APPLIED ECONOMICS LETTERS | 2025年

关键词：

Total factor productivity (TFP); electricity market reform; China; electricity sector; ENERGY EFFICIENCY;

D O I：

10.1080/13504851.2025.2463611

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study assesses the impact of electricity market reforms on the total factor productivity (TFP) of Chinese firms. Based on data on Chinese listed firms from 2011 to 2021, we employ the difference-in-differences method to test our hypothesis. We find that electricity market reforms improve TFP among firms in the electricity industry by easing market segmentation. This positive effect is particularly pronounced in firms that are state-owned, located in non-provincial capital cities, or led by CEOs with foreign experience or who are younger. This study contributes to the existing literature on the effects of electricity market reforms at the firm level and provides implications for improving productivity.

引用

页数：5

共 50 条

[41] Avoiding Pitfalls in China's Electricity Sector Reforms
Davidson, Michael R.
Perez-Arriaga, Ignacio
ENERGY JOURNAL, 2020, 41 (03): : 119 - 141
[42] TOTAL FACTOR PRODUCTIVITY AND SOURCES OF GROWTH IN THE DAIRY SECTOR
SHOEMAKER, R
SOMWARU, A
AGRICULTURAL ECONOMICS RESEARCH, 1986, 38 (04): : 1 - 13
[43] TOTAL FACTOR PRODUCTIVITY CHANGE IN THE CZECH POULTRY SECTOR
Pechrova, Marie
Medonos, Tomas
10TH INTERNATIONAL DAYS OF STATISTICS AND ECONOMICS, 2016, : 1427 - 1436
[44] Impact of primary market on total factor productivity: A cross-country analysis
Kumar, Vinod
Nidugala, Ganesh Kumar
COGENT ECONOMICS & FINANCE, 2020, 8 (01):
[45] Total Factor Productivity in the EU - Direct and Indirect Impact of Labor Market Institutions
Chovancova, Petra
HRADEC ECONOMIC DAYS 2020, VOL 10, PT 1, 2020, 10 : 265 - 274
[46] Research on the impact and mechanism of digital economy on China's urban green total factor productivity
Liu, Lu
Pang, Yuankui
Liu, Bei
SCIENTIFIC REPORTS, 2024, 14 (01):
[47] The impact of environmental protection tax on green total factor productivity: China's exceptional approach
Yang, Zhiwei
Zeng, Qi
Wang, Yu
ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY, 2024,
[48] The Impact of the Subsidy Policy on Total Factor Productivity: An Empirical Analysis of China's Cotton Production
Tan, Yanwen
Guan, Jianbo
Karimi, Hamid Reza
MATHEMATICAL PROBLEMS IN ENGINEERING, 2013, 2013
[49] Construction of Spatiotemporal Difference Image of the Impact of Financial Structure on China's Total Factor Productivity
Yu, Yong
COMPUTATIONAL INTELLIGENCE AND NEUROSCIENCE, 2021, 2021 (2021)
[50] The Impact of Electricity Consumption on Green Total Factor Productivity: Evidence from Chinese Provinces
Zhong, Shen
Fang, Yu'an
JOURNAL OF THE KNOWLEDGE ECONOMY, 2024,

← 1 2 3 4 5 →