Fredrik N G Andersson
Docent
Are Capitalists Green? Firm Ownership and Provincial CO2 emissions in China
Författare
Summary, in Swedish
In China, a large private sector has evolved alongside a still sizeable state-owned sector that is subject to government control. Several studies have found that in this mixed economy, the private sector is economically more efficient than the state-owned sector. In this paper, we investigate whether private firms are also more carbon efficient than state-owned firms. Using a macroeconomic panel data model with provincial data from 1992 to 2010, we confirm that private firms emit less carbon dioxide than state-owned firms. Our results imply that future reforms, such as ongoing privatization, introduced to increase the economic efficiency of state-owned companies will also mitigate emissions growth. The policy lesson, not only for China but for developing countries maintaining a large state-owned sector, is that economic efficiency and energy efficiency are conjoined mutual benefits.
Avdelning/ar
- Nationalekonomiska institutionen
Publiceringsår
2018
Språk
Engelska
Sidor
349-359
Publikation/Tidskrift/Serie
Energy Policy
Volym
123
Länkar
Dokumenttyp
Artikel i tidskrift
Förlag
Elsevier
Ämne
- Economics
Nyckelord
- China
- firm ownership
- CO2 emissions
- Climate change
- wavelet analysis
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 1873-6777