policy may distort the market signal of the capacity utilisation and lead to the power shortage even if the capacity supply …This paper investigates the mechanism of the power shortage in China by estimating the capacity expansion and capacity … utilisation behaviour of the power firms. The theoretical and empirical evidence is presented to show that the state planner deals …

incorporated, TFP gaps develop closely in line with capacity utilisation rates (CUR). Moreover, in the case of France, including …

The estimation of capacity utilisation (CU) derives its significance from the fact that, if properly assessed, it may …