Author ORCID Identifier
Document Type
Article
Publication Date
9-2015
Publication Title
Energy Economics
Volume
51
First Page
609
Last Page
621
Abstract
China's economic reform over the past 30 years has allowed the free market to drive economic development. However, government still plays a key role in the energy sector by allocating energy conservation and emissions abatement. How does the government make an equity decision as a tradeoff to market efficiency? This is an unanswered question. The purpose of this paper is to illustrate the government's preference toward equity and efficiency. Using the provincial level CO2 intensity allocation data, we investigate the political decision that the government made based on the equity and efficiency criteria. We find that the equity index plays a more important role than the efficiency index in determining the CO2 intensity target. In addition, political factors such as social stability are found to be important factors.
Recommended Citation
Ni, Jinlan; Wei, Chu; and Du, Limin, "Revealing the Political Decision Toward Chinese Carbon Abatement: Based on Equity and Efficiency Criteria" (2015). Economics Faculty Publications. 42.
https://digitalcommons.unomaha.edu/econrealestatefacpub/42
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Comments
The final, published version can be found here: https://doi.org/10.1016/j.eneco.2015.08.027