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Efficiency, Productivity and Regulation: China’s Experience

机译:效率,生产率和监管:中国的经验

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摘要

Using Data Envelop Analysis (DEA) and Malmquist index methods, the technology efficiency and total factor productivity (TFP) of China's electric power sector between 1998 and 2007 were estimated. The effects of electricity regulation from the angle of efficiency compare and productivity change were evaluated too. The result shows that the efficiency of China’s electric power industry has experienced a decline and rise process. The geographical location, business type, business nature and the regulation reform have made distinct affect on efficiency. TFP experienced a slow increase in ten years. The increase of technology efficiency explained all of the change of TFP. From the regulatory effect perspective, the regulation reform influenced technology efficiency and improved the efficiency of electrical enterprises. However, the electricity regulation reform didn’t influence TFP apparently.
机译:使用数据包络分析(DEA)和Malmquist指数方法,估算了1998年至2007年中国电力行业的技术效率和全要素生产率(TFP)。还从效率比较和生产率变化的角度评估了电力调节的效果。结果表明,中国电力行业的效率经历了下降和上升的过程。地理位置,业务类型,业务性质和法规改革对效率产生了明显影响。全要素生产率十年来增长缓慢。技术效率的提高解释了TFP的所有变化。从监管效果的角度来看,监管改革影响了技术效率,提高了电力企业的效率。但是,电力监管改革显然并没有影响TFP。

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