We examine the challenges to China's transition to a low carbon electricity system, in which renewable energy would play a significant role. China's electricity system currently lacks the flexibility in planning, operations, and pricing to respond to conflicting pressures from demand growth,...

This paper provides a Marcinkiewicz-Zygmund type strong law of large numbers for sequences of blockwise m-dependent random variables

Foreign Direct Investment (FDI) in China over the past 25 years has increased faster than in any other economy. The net impact upon the Chinese economy appears to be highly favorable. A major portion of that FDI has been made by overseas Chinese, with assistance from a Mainland Chinese ministry...

This paper proposes tests for equality of the mean regression (MR) and quantile regression (QR) coefficients. The tests are based on the asymptotic joint distribution of the ordinary least squares and QR estimators. First, we formally derive the asymptotic joint distribution of these estimators....

China's West–East Power Transmission is aimed at optimizing resources allocation, and promoting the common economy development of both east and west regions. However, some problems emerged in cross-province electricity trade in recent years. It is in great need of trading mechanism...

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 with the ‘coal-electricity' conflict by...

China has experienced off-seasonal power shortages in recent years, where the growth in capacity supply exceeds the power demand. This paper investigates the mechanism of power shortages in China by estimating the capacity expansion and capacity utilisation models with the annual data of 30...