Xinhong Xue1, Zhongcheng Wang2,*
Energy Engineering, Vol.118, No.4, pp. 995-1008, 2021, DOI:10.32604/EE.2021.014613
Abstract Electricity shortages present a significant constraint on manufacturers, who rely on electricity as an important input into production. In China, electricity supply has been growing rapidly. However, the rapid industrialization sometimes makes the power supply still unable to meet the demand. Using a survey of 1673 Chinese manufacturing firms, this paper explores how firms response to electricity shortages and its impact on productivity. We find that self-generation of electricity and investment in Research and Development (R&D) have significant positive relationships with electricity shortages. Further investigations reveal that self-generation is the most common way to deal with electricity shortages. However, it… More >
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