DU, Limin; Hanley, Aoife; WEI, Chu - Institut für Weltwirtschaft (IfW) - 2013
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 …