Lesourd, Jean-Baptiste; Liu, Guy; Genoud, Stéphane - In: Journal of Chinese Economic and Business Studies 12 (2014) 4, pp. 383-393
We apply the stochastic frontier of translog production function to estimate the efficiencies of Chinese coal-fired power plants, using a survey sample of 300 power plants over 5 years from 2004 to 2008 for estimation. By taking into account, the ages of generators and a technological factor...