Energy’s Shadow Price and Energy Efficiency in China: A Non-Parametric Input Distance Function Analysis

This paper extends prior research on energy inefficiency in China by utilizing a unique shadow price framework allocation in 30 Chinese provinces. We estimate the shadow price for energy input using the framework of production, and use the ratio of the shadow price to the market price to describe en...

Full description

Bibliographic Details
Main Authors: Pengfei Sheng, Jun Yang, Joshua D. Shackman
Format: Article
Language:English
Published: MDPI AG 2015-03-01
Series:Energies
Subjects:
Online Access:http://www.mdpi.com/1996-1073/8/3/1975