General equilibrium evaluation of deregulation in energy sectors in China
Loading...
Date
2015
Authors
Akkemik, Küçük Ali
Li, Jia
Journal Title
Journal ISSN
Volume Title
Publisher
Routledge Journals Taylor & Francis Ltd
Open Access Color
OpenAIRE Downloads
OpenAIRE Views
Abstract
The central government in China has implemented ambitious energy policy reforms since 1978. An important pillar of these reforms is the deregulation in the energy markets which manifests itself in the formation of energy prices. This study examines the macroeconomic impacts of deregulation in China using an applied CGE model and counterfactual policy simulations. The results point to substantial welfare improvement. Sectoral results point to a reallocation of resources and diversion of economic activities more toward domestic services.
Description
Keywords
Energy, China, Deregulation, CGE model
Turkish CoHE Thesis Center URL
Fields of Science
Citation
1
WoS Q
N/A
Scopus Q
Q2
Source
Volume
13
Issue
3
Start Page
247
End Page
268