Wei, Chu; Löschel, Andreas; Liu, Bing - In: Energy Economics 40 (2013) C, pp. 22-31
This paper estimates the shadow price of CO2 and explores its determinants for thermal power enterprises in China. Using a parametric quadratic directional distance function, we evaluate the inefficiency and shadow price of CO2 for 124 power enterprises in 2004, applying deterministic and...
