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Title: Electricity pricing in China and the role of the state
Authors: Liu, GS
Birne, J
Zhang, L
Issue Date: 2012
Publisher: Economics Bulletin
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.
ISSN: 1545-2921
Appears in Collections:Economics and Finance
Dept of Economics and Finance Research Papers

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