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General equilibrium evaluation of deregulation in energy sectors in China

机译:中国能源行业放松管制的一般均衡评估

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摘要

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.
机译:中国的中央政府自1978年以来就实施了雄心勃勃的能源政策改革。这些改革的重要支柱是能源市场的放松管制,这在能源价格的形成中表现出来。本研究使用应用的CGE模型和反事实政策模拟研究了放松管制对中国宏观经济的影响。结果表明,福利有了实质性的改善。部门结果表明资源重新分配,经济活动更多地转向家庭服务。

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