The scale effect in China ? s power grid sector from the perspective of malmquist total factor productivity analysis

被引：6
|
作者：
Xie, Bai-Chen [1 ,2 ]
Ni, Kang-Kang [1 ]
O'Neill, Eoghan [2 ]
Li, Hong-Zhou [3 ]
机构：
[1] Tianjin Univ, Coll Management & Econ, Tianjin 300072, Peoples R China
[2] Univ Cambridge, Judge Business Sch, Energy Policy Res Grp EPRG, Cambridge CB2 1AG, England
[3] Dongbei Univ Finance & Econ, Ctr Ind & Business Org, Dalian 116025, Peoples R China
来源：
UTILITIES POLICY | 2021年 / 69卷
基金：
中国国家自然科学基金;
关键词：
Power grid sector; Scale effect; Parametric malmquist index; JAPANESE ELECTRICITY DISTRIBUTION; UNOBSERVED HETEROGENEITY; TECHNICAL EFFICIENCY; INDUSTRY; GENERATION; COUNTRIES; COMPANIES; GROWTH; DECOMPOSITION; PERFORMANCE;
D O I：
10.1016/j.jup.2021.101187
中图分类号：
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号：
0807 ; 0820 ;
摘要：
China?s power grid sector, which combines transmission and distribution, has grown rapidly after the restructuring reform in 2002. We evaluate the scale effect in the sector by employing a parametric Malmquist index based on a heteroscedastic true fixed-effects stochastic frontier model to estimate technical efficiency and total factor productivity for China?s 30 grid companies from 2002 to 2017. The results show that there exists a scale effect. Most companies exhibit increasing returns to scale, total factor productivity experiences a significant growth driven by scale expansion. Companies with different scales should take differentiated actions to meet the challenges of market-oriented reform.
引用
收藏
页数：10
相关论文
共 50 条
  • [21] The Application of Data Envelopment Analysis Based Malmquist Total Factor Productivity Index: Empirical Evidence in Turkish Banking Sector
    Benli, Yasemin Keskin
    Degirmen, Suleyman
    PANOECONOMICUS, 2013, 60 (02) : 139 - 159
  • [22] The infeasible problem of Malmquist-Luenberger index and its application on China's environmental total factor productivity
    Du, Juan
    Duan, Yongrui
    Xu, Jinghua
    ANNALS OF OPERATIONS RESEARCH, 2019, 278 (1-2) : 235 - 253
  • [23] The role of resource reallocation in promoting total factor productivity growth: Insights from China's agricultural sector
    Zheng, Hongyun
    Ma, Wanglin
    REVIEW OF DEVELOPMENT ECONOMICS, 2021, 25 (04) : 2350 - 2371
  • [24] A new Malmquist-type green total factor productivity measure: An application to China
    Chen, Xiang
    Chen, Yong
    Huang, Wenli
    Zhang, Xuping
    ENERGY ECONOMICS, 2023, 117
  • [25] Study on total factor productivity of retail industry in east China - based on Malmquist index
    Qiu, Cheng
    Meng, Lingjie
    PROCEEDINGS OF THE SECOND INTERNATIONAL CONFERENCE ON ECONOMIC AND BUSINESS MANAGEMENT (FEBM 2017), 2017, 33 : 756 - 763
  • [26] Retracted article:Measurement and analysis of logistics energy efficiency in china from perspective of total factor productivity
    College of Economics and Management, Nanjing University of Aeronautics and Astronautics, China
    不详
    Open Mech. Eng. J., (624-629):
  • [27] Retraction note: Measurement and analysis of logistics energy efficiency in china from perspective of total factor productivity
    Li-Guo, Zhang
    Open Mechanical Engineering Journal, 2015, 9 (01):
  • [28] A new Malmquist-type green total factor productivity measure: An application to China
    Chen, Xiang
    Chen, Yong
    Huang, Wenli
    Zhang, Xuping
    ENERGY ECONOMICS, 2023, 117
  • [29] The analysis on total factor productivity of cities in China
    Lu, Kangjuan
    Zhu, Zheng
    PROCEEDINGS OF THE 2006 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE AND ENGINEERING, 2006, : 175 - 180
  • [30] A 12-year Analysis of Malmquist Total Factor Productivity in Dialysis Facilities
    Nick Kontodimopoulos
    Dimitris Niakas
    Journal of Medical Systems, 2006, 30 : 333 - 342
12345