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|Title:||Electricity pricing in China and the role of the state|
|Citation:||Economics Bulletin, Volume 32(1), 466 - 474, 2012|
|Abstract:||Theoretical and empirical evidence is presented to show that inefficient power firms in China are subsidised by the state through the ability to charge high electricity prices and the creation of a “soft price constraint” on cost. This cost inefficiency challenges the merits of planned power supply.|
|Appears in Collections:||Economics and Finance|
Dept of Economics and Finance Research Papers
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