Impact of inter-provincial power resource allocation on enterprise production behavior from a multi-scale correlation perspective

Wang, D; Mao, J; Cui, R; Yu, J; Shi, X

Impact of inter-provincial power resource allocation on enterprise production behavior from a multi-scale correlation perspective

Wang, D Mao, J Cui, R Yu, J Shi, X

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Publisher:: ELSEVIER
Publication Type:: Journal Article
Citation:: Energy Economics, 2022, 114
Issue Date:: 2022-10-01

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Field	Value	Language
dc.contributor.author	Wang, D
dc.contributor.author	Mao, J
dc.contributor.author	Cui, R
dc.contributor.author	Yu, J
dc.contributor.author	Shi, X https://orcid.org/0000-0001-9653-7395
dc.date.accessioned	2023-01-26T01:46:01Z
dc.date.available	2023-01-26T01:46:01Z
dc.date.issued	2022-10-01
dc.identifier.citation	Energy Economics, 2022, 114
dc.identifier.issn	0140-9883
dc.identifier.issn	1873-6181
dc.identifier.uri	http://hdl.handle.net/10453/165457
dc.description.abstract	The endowment of production factors is an important factor that restricts the choice of enterprise operation strategy, further affecting the regional industrial structure and the quality of economic development. Due to the fact of the divided power market and the administrative system with a spatial nesting structure in China, the power resource allocation policies have an important and heterogeneous impact on enterprise production behavior. Therefore, this study systematically explores the cross-level influence mechanism of regional power resource allocation on enterprise production efficiency, power efficiency, and location transfer with a hierarchical linear model (HLM) and the large sample data of 239,483 power-consuming enterprises in China's manufacturing industry from 2008 to 2015. The results indicate that: (1) There are nested relationships between the data and the HLM model is reasonable. That is, the enterprise production behavior under different provincial government management is heterogeneous. (2) The power resource allocation plays an important role in the choice of enterprise production behavior. Specifically, the increase of power resource allocation deepens the negative impact of enterprise factor substitution on enterprise production efficiency, weakens the positive impact of enterprise R&D intensity on enterprise power efficiency, and has a direct positive effect on enterprise location transfer. The above findings improve the research chain of economic consequences of resource allocation, deepen the understanding of the specific impact mechanism of energy policies on enterprise behavior, and provide a decision-making reference for the government to optimize the power supply structure and power grid layout.
dc.language	English
dc.publisher	ELSEVIER
dc.relation.ispartof	Energy Economics
dc.relation.isbasedon	10.1016/j.eneco.2022.106323
dc.rights	info:eu-repo/semantics/closedAccess
dc.subject	0906 Electrical and Electronic Engineering, 0913 Mechanical Engineering, 1402 Applied Economics
dc.subject.classification	Energy
dc.title	Impact of inter-provincial power resource allocation on enterprise production behavior from a multi-scale correlation perspective
dc.type	Journal Article
utslib.citation.volume	114
utslib.for	0906 Electrical and Electronic Engineering
utslib.for	0913 Mechanical Engineering
utslib.for	1402 Applied Economics
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/DVC (International)
pubs.organisational-group	/University of Technology Sydney/DVC (International)/Australia-China Relations Institute
utslib.copyright.status	closed_access	*
dc.date.updated	2023-01-26T01:45:58Z
pubs.publication-status	Published
pubs.volume	114

Abstract:

The endowment of production factors is an important factor that restricts the choice of enterprise operation strategy, further affecting the regional industrial structure and the quality of economic development. Due to the fact of the divided power market and the administrative system with a spatial nesting structure in China, the power resource allocation policies have an important and heterogeneous impact on enterprise production behavior. Therefore, this study systematically explores the cross-level influence mechanism of regional power resource allocation on enterprise production efficiency, power efficiency, and location transfer with a hierarchical linear model (HLM) and the large sample data of 239,483 power-consuming enterprises in China's manufacturing industry from 2008 to 2015. The results indicate that: (1) There are nested relationships between the data and the HLM model is reasonable. That is, the enterprise production behavior under different provincial government management is heterogeneous. (2) The power resource allocation plays an important role in the choice of enterprise production behavior. Specifically, the increase of power resource allocation deepens the negative impact of enterprise factor substitution on enterprise production efficiency, weakens the positive impact of enterprise R&D intensity on enterprise power efficiency, and has a direct positive effect on enterprise location transfer. The above findings improve the research chain of economic consequences of resource allocation, deepen the understanding of the specific impact mechanism of energy policies on enterprise behavior, and provide a decision-making reference for the government to optimize the power supply structure and power grid layout.

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http://hdl.handle.net/10453/165457