This paper investigates the technical inefficiency, shadow price and substitution elasticity of CO2 emissions of China … output distance function, we show that China’s technical inefficiency increases over the period implying further scope for CO …). Additionally, increasingly steep substitution elasticity highlights the difficult reality of reducing China’s CO2 emissions …

Our analysis is the first of its kind to explore patterns of subsidization and CO2 emissions in China’s electricity … producing sector. Applying data for all power plants across China and controlling for the age, capacity and location of … disproportionate share of CO2 emissions. This distortion is incongruent with China’s aspiration for a greener economy but may be …

This paper estimates the Marginal Abatement Cost Curve (MACC) of CO2 emissions in China based on a provincial panel for … optimal specification controlling for various covariates is identified econometrically. A scenario simulation of China’s 40 …-45 percent carbon intensity reduction based on our MACC is illustrated. Our simulation results show that China would incur a 559 …