| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17741 |
| 来源ID | Working Paper 17741 |
| Costly Blackouts? Measuring Productivity and Environmental Effects of Electricity Shortages | |
| Karen Fisher-Vanden; Erin T. Mansur; Qiong (Juliana) Wang | |
| 发表日期 | 2012-01-12 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | In many countries, unreliable inputs, particularly those lacking storage, can significantly limit a firm's productivity. In the case of an increasing frequency of blackouts, a firm may change factor shares in a number of ways. It may decide to self generate electricity, to purchase intermediate goods that it used to produce directly, or to improve its technical efficiency. We examine how industrial firms responded to China's severe power shortages in the early 2000s. Fast-growing demand coupled with regulated electricity prices led to blackouts that varied in degree over location and time. Our data consist of annual observations from 1999 to 2004 for approximately 32,000 energy-intensive, enterprises from all industries. We estimate the losses in productivity due to factor-neutral and factor-biased effects of electricity scarcity. Our results suggest that enterprises re-optimize among factors in response to electricity scarcity by shifting from energy (both electric and non-electric sources) into materials---a shift from "make" to "buy." These effects are strongest for firms in textiles, timber, chemicals, and metals. Contrary to the literature, we do not find evidence of an increase in self generation. Finally, we find that these productivity changes, while costly to firms, led to small reductions in carbon emissions. |
| 主题 | Microeconomics ; Households and Firms ; Other ; Economic Systems ; Environmental and Resource Economics ; Energy |
| URL | https://www.nber.org/papers/w17741 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575415 |
| 推荐引用方式 GB/T 7714 | Karen Fisher-Vanden,Erin T. Mansur,Qiong . Costly Blackouts? Measuring Productivity and Environmental Effects of Electricity Shortages. 2012. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w17741.pdf（313KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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