The purpose of this paper is to estimate the Value of a Statistical Life (VSL) in China using the hedonic wage model, and to explore the regional difference in VSL within the country. Using the hedonic wage regression, this paper estimates the compensating wage differential for incremental job...

In Beijing, China, the rational consumption of energy is affected by the insufficient linkage mechanism of the energy pricing system, the unreasonable price ratio and other issues. This paper combines the characteristics of Beijing’s energy market, putting forward the society-economy...

Generating companies (GENCOs) with wind farms always suffer from the variations of wind power and energy prices. The coordination of wind power with hydro units is an effective way for GENCOs to enhance the ability of wind power dispatch, increase profit, and reduce risk. However, GENCOs still...

In China, the energy pricing mechanism has an insufficient linkage with other energy prices. As a result of the unreasonable price level, it is impossible to exploit fully the substitution elasticity among energy resources and there is a negative impact on achieving energy conservation and...

Purpose – The purpose of this paper is to estimate the value of a statistical life (VSL) in China using the hedonic wage model, and to explore the regional difference in VSL within the country. Design/methodology/approach – Using the hedonic wage regression, this paper estimates the...