{"title":"Evaluating Causal Effects of Increasing Block Pricing Policy on Residential Electricity Consumption in China","authors":"Zheng Fang, Thai-Ha Le, Jiang Yu, Manyi Fan","doi":"10.1002/mde.4466","DOIUrl":null,"url":null,"abstract":"<div>\n \n <p>Using two waves of the China Family Panel Studies (CFPS), a nationally representative longitudinal household-level survey, this paper investigates how residential electricity consumption is affected by the increasing block pricing (IBP) policy nationwide. The results from the difference-in-differences approach suggest that the IBP policy is effective in reducing households' electricity consumption, and the reduction size is about 43 and 120 kWh for households affected by the second and third block pricing, respectively. Compared to rural households, urban households are found to be less impacted by the IBP policy. Besides, there are heterogeneous effects across various income groups, though the trend of the treatment effects is inconsistent. The findings are proved to be robust to different study samples and different model specifications.</p>\n </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 3","pages":"1661-1676"},"PeriodicalIF":2.5000,"publicationDate":"2024-12-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Managerial and Decision Economics","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/mde.4466","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Using two waves of the China Family Panel Studies (CFPS), a nationally representative longitudinal household-level survey, this paper investigates how residential electricity consumption is affected by the increasing block pricing (IBP) policy nationwide. The results from the difference-in-differences approach suggest that the IBP policy is effective in reducing households' electricity consumption, and the reduction size is about 43 and 120 kWh for households affected by the second and third block pricing, respectively. Compared to rural households, urban households are found to be less impacted by the IBP policy. Besides, there are heterogeneous effects across various income groups, though the trend of the treatment effects is inconsistent. The findings are proved to be robust to different study samples and different model specifications.
期刊介绍：
Managerial and Decision Economics will publish articles applying economic reasoning to managerial decision-making and management strategy.Management strategy concerns practical decisions that managers face about how to compete, how to succeed, and how to organize to achieve their goals. Economic thinking and analysis provides a critical foundation for strategic decision-making across a variety of dimensions. For example, economic insights may help in determining which activities to outsource and which to perfom internally. They can help unravel questions regarding what drives performance differences among firms and what allows these differences to persist. They can contribute to an appreciation of how industries, organizations, and capabilities evolve.
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