Publication:
How Much Would China Gain from Power Sector Reforms? An Analysis Using TIMES and CGE Models

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dc.contributor.authorTimilsina, Govinda
dc.contributor.authorPang, Jun
dc.contributor.authorYang, Xi
dc.date.accessioned2019-06-26T19:18:33Z
dc.date.available2019-06-26T19:18:33Z
dc.date.issued2019-06
dc.description.abstractMany countries have undertaken market-oriented reforms of the power sector over the past four decades. However, the literature has not investigated whether the reforms have contributed to economic development. This study aims to assess the potential macroeconomic impacts of an element of the power sector reform process that China started in 2015. It uses an energy sector TIMES model and a computable general equilibrium model. The study finds that the price of electricity in China would be around 20 percent lower than the country is likely to experience in 2020, if the country follows the market principle to operate the power system. The reduction in the price of electricity would spill over throughout the economy, resulting in an increase in gross domestic product of more than 1 percent in 2020. It would also increase household income, economic welfare, and international trade.en
dc.identifierhttp://documents.worldbank.org/curated/en/864811561120531299/How-Much-Would-China-Gain-from-Power-Sector-Reforms-An-Analysis-Using-TIMES-and-CGE-Models
dc.identifier.doi10.1596/1813-9450-8908
dc.identifier.urihttps://hdl.handle.net/10986/31973
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 8908
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectPOWER SECTOR REFORM
dc.subjectMACROECONOMIC IMPACT
dc.subjectCGE MODEL
dc.subjectELECTRICITY
dc.subjectENERGY SECTOR PLANNING
dc.titleHow Much Would China Gain from Power Sector Reforms? An Analysis Using TIMES and CGE Modelsen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleHow Much Would China Gain from Power Sector Reforms? An Analysis Using TIMES and CGE Models
okr.date.disclosure2019-06-21
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/864811561120531299/How-Much-Would-China-Gain-from-Power-Sector-Reforms-An-Analysis-Using-TIMES-and-CGE-Models
okr.guid864811561120531299
okr.identifier.doi10.1596/1813-9450-8908
okr.identifier.externaldocumentum090224b086df2572_1_0
okr.identifier.internaldocumentum31182277
okr.identifier.reportWPS8908
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/864811561120531299/pdf/How-Much-Would-China-Gain-from-Power-Sector-Reforms-An-Analysis-Using-TIMES-and-CGE-Models.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryChina
okr.statistics.combined1428
okr.statistics.dr864811561120531299
okr.statistics.drstats1036
okr.topicEnergy::Electric Power
okr.topicEnergy::Energy Conservation & Efficiency
okr.topicEnergy::Energy Policies & Economics
okr.topicEnergy::Energy and Environment
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.unitDevelopment Research Group, Development Economics
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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