Since its inception in the early 1980s, the success of China's enterprise reforms remains hotly debated. This paper …

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 …