Incorporating undesirable outputs into Malmquist TFP indices with an unbalanced data panel of Chinese power plants
Yang, Hongliang | June 2011
Abstract
In this article, we examine the effects of undesirable outputs on Malmquist Total Factor Productivity (TFP) indices. Our empirical work uses an unbalanced panel of 1626 real observations on coal-fired power plants in China during 1996–2002. In order to meet the requirement of a balanced panel for calculating the Malmquist indices, an innovative fake unit approach has been introduced. To the authors' knowledge, no other published papers on TFP change have used this method before. Our final results show that (1) the original growth path of the Chinese electricity till 2002 heavily depended upon an increase of resource input and (2) the environmental TFP change of Chinese coal-fired power plants was about 2–3% (at least with respect to SO2), which mainly comes from technical change rather than efficiency change during the report period.
Citation
Yang, Hongliang. 2011. Incorporating undesirable outputs into Malmquist TFP indices with an unbalanced data panel of Chinese power plants. © Taylor and Francis. http://hdl.handle.net/11540/4249.Keywords
Comprehensive Development Framework
Development Challenges
Development Planning
Millennium Development Goals
Policy Development
Program Evaluation
Performance Evaluation
Evaluation Criteria
Capital Market Development
Development Economics
Financial Sector Development
Technology Development
World Development Indicators
Evaluation Methods
Development assistance
ADB
Curriculum development
Development assistance
Development aid
Development indicators
Development potential
Development models
Project appraisal
Performance appraisal
Economic development
Economic indicators
Government programs
Economic growth
Economic policy
Industrial development
Industrial policy
Technology assessment
Economic evaluation
Economic forecast
Input output analysis
Communication in rural development
Communication in community development
Infrastructure
Central planning
Endowment of research
Partnership
Joint venture
Nation-building
Risk assessment
Economic development projects
Economic forecasting
Industrial research
Participatory monitoring and evaluation
Economic policy
Economic forecasting
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