Structural Change and Economic Dynamics最新文献_第6页

Higher prices in a more competitive market: The paradox in the retail electricity market in the United Kingdom

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-12-05 DOI: 10.1016/j.strueco.2024.12.001

Huanhuan Chen , Jinke Li , Nigel O'Leary , Jing Shao

{"title":"Higher prices in a more competitive market: The paradox in the retail electricity market in the United Kingdom","authors":"Huanhuan Chen , Jinke Li , Nigel O'Leary , Jing Shao","doi":"10.1016/j.strueco.2024.12.001","DOIUrl":"10.1016/j.strueco.2024.12.001","url":null,"abstract":"<div><div>The UK retail electricity market experienced a decline in market concentration as new suppliers (retailers) competed with traditional incumbents. Concurrently, consumer-funded schemes were implemented to support low-carbon electricity generation. To disentangle the effects of these two developments on the retail price, an autoregressive distributed lag (ARDL) cointegration model was applied to monthly data from 2010 to 2019. Results indicate that, while the costs of consumer-funded schemes contributed to the rising retail price, the declining market concentration unexpectedly pushed the retail price upward. Analysis of the six large suppliers shows that incumbents struggled to lower indirect costs as sales volumes fell, passing higher indirect costs per megawatt-hour to consumers. However, due to competitive pressure from new suppliers, incumbents were constrained from raising retail prices to fully cover these higher costs, resulting in lower profit margins. Thus, competition was evident not through lower retail prices but through its effect on incumbents' profitability.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"72 ","pages":"Pages 374-390"},"PeriodicalIF":5.0,"publicationDate":"2024-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143326281","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Do ICT trade balances and natural resources foster carbon emissions? The role of government effectiveness and green technology innovation

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-12-02 DOI: 10.1016/j.strueco.2024.12.007

Muhammad Irfan , Abdul Quddus , Farrukh Shahzad , Yanfei Wang

引用次数: 0

Can big data aggregation help businesses save energy and reduce emissions? Quasi-natural experiment in big data comprehensive test

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-12-02 DOI: 10.1016/j.strueco.2024.12.003

Jingyao Lv , Zhongxiu Zhao , Yongsheng Ji

{"title":"Can big data aggregation help businesses save energy and reduce emissions? Quasi-natural experiment in big data comprehensive test","authors":"Jingyao Lv , Zhongxiu Zhao , Yongsheng Ji","doi":"10.1016/j.strueco.2024.12.003","DOIUrl":"10.1016/j.strueco.2024.12.003","url":null,"abstract":"<div><div>Aggregating big data pieces is critical for increasing enterprise resource allocation efficiency, reducing energy usage, and lowering carbon emissions intensity. This research aims to investigate the impact of big data aggregation on energy efficiency and carbon emission intensity among Chinese enterprises. To this end, it employs primary financial data from Chinese listed companies from 2009 to 2021 and carbon emissions data disclosed in social responsibility reports, sustainable development reports, and environmental reports. The findings revealed that the aggregation of big data elements dramatically reduces the intensity of carbon emissions in firms in the pilot regions. The decrease effect is more effective in economically developed places and regions with higher degrees of digitization, particularly for organizations in high-energy-consuming industries, and it is more robust for small and non-state-owned businesses. The aggregation of big data elements mainly aids firms in pilot regions in lowering energy consumption and emissions by increasing technical innovation and energy usage efficiency. To create a new national competitive advantage, we should actively promote the gradual expansion of the comprehensive pilot zone for big data, advance the in-depth application of big data in environmental governance, and better capitalize on the dividends of big data aggregation.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"72 ","pages":"Pages 89-102"},"PeriodicalIF":5.0,"publicationDate":"2024-12-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143326158","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Does digital infrastructure exacerbate income inequality? Evidence from the Broadband China Strategy

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-12-02 DOI: 10.1016/j.strueco.2024.12.002

Dong Liang , Yu Liu , Meifang Zhou , Luben Zhao , Xinbei Li

引用次数: 0

Impact of institutions on the corruption-financial development nexus in Africa: non linearities and thresholds

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-11-28 DOI: 10.1016/j.strueco.2024.11.013

Gislain Stéphane Gandjon Fankem, Wendelin Ndzana

引用次数: 0

Structural change and productive interdependence: An analysis for Brazil

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-11-28 DOI: 10.1016/j.strueco.2024.11.012

Luciano Ferreira Gabriel , Luiz Carlos de Santana Ribeiro , José Firmino Sousa Filho

引用次数: 0

Production network structure, specialization and unemployment: Measuring the structural resilience of national economies

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-11-28 DOI: 10.1016/j.strueco.2024.11.009

Tibor Kiss, Erik Braun, Tamás Sebestyén

{"title":"Production network structure, specialization and unemployment: Measuring the structural resilience of national economies","authors":"Tibor Kiss, Erik Braun, Tamás Sebestyén","doi":"10.1016/j.strueco.2024.11.009","DOIUrl":"10.1016/j.strueco.2024.11.009","url":null,"abstract":"<div><div>Specialization leads to efficient production structures that generate welfare gains, while the resulting interconnectedness of countries spreads shocks more rapidly, making the global economic system more volatile. This paper applies the framework of ecological network analysis to input–output data and captures resilient economic structures between self-sufficiency (redundancy) and extreme specialization (efficiency). Calculating the structural resilience of 69 countries shows that economies are more redundant than ecological systems and moved towards more efficient structures over time. By regressing economic openness on structural characteristics, we find that economically more open economies on the export side are more efficient and less structurally redundant. This reflects that specialization and integration into global supply chains go hand in hand. We also find a significant empirical relationship between structural resilience and changes in unemployment. This finding suggests that measuring the structural resilience of national production networks helps capture the robustness of economic systems.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"72 ","pages":"Pages 11-28"},"PeriodicalIF":5.0,"publicationDate":"2024-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143325785","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Identification of key paths for embodied carbon emissions in China based on a five-dimensional analysis model

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-11-16 DOI: 10.1016/j.strueco.2024.11.010

Zhenjun Zhang , Weiming Chen

引用次数: 0

The decline of the wage share in value-added: What have we learned from North African firms?

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-11-13 DOI: 10.1016/j.strueco.2024.11.007

Youssef Bouazizi , Ouail Oulmakki , Luc Savard , Jérôme Verny

引用次数: 0

Toward Common Prosperity: Measuring decrease in inequality in China prefecture-level cities

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-11-12 DOI: 10.1016/j.strueco.2024.10.006

Xin Hou , Jianbo Gao

{"title":"Toward Common Prosperity: Measuring decrease in inequality in China prefecture-level cities","authors":"Xin Hou , Jianbo Gao","doi":"10.1016/j.strueco.2024.10.006","DOIUrl":"10.1016/j.strueco.2024.10.006","url":null,"abstract":"<div><div>To resolve the ongoing debate on the trajectory of inequality in China and to quantitatively measure China’s progress toward the goal of common prosperity, this study proposes a novel approach based on Revealed Comparative Wealth (RCW). Tailoring RCW to national levels to study China prefecture-level cities, a salient pattern of widespread convergence to the national mean since 2003 is observed, signifying an extensive reduction in economic inequality across China prefecture-level cities. Building on this observation, a modified Gini coefficient, <span><math><msub><mrow><mi>Gini</mi></mrow><mrow><mi>city</mi></mrow></msub></math></span>, is proposed, which shows that China’s inter-city economic inequality reached its zenith in 2003 and has since been declining. A new Theil’s T formulae is also derived based on RCW to corroborate this finding. The declining inequality trend can be largely attributed to two key mechanisms: (1) the implementation of the “Common Prosperity” policy framework, which includes numerous targeted assistance policies from both central and local governments aimed at fostering a more balanced and equitable economic landscape, and (2) the process of urbanization, which exacerbated inequality in 1980s and 1990s during China’s first stage of economic reform, has facilitated the sharing of added wealth with an influx of population into economically thriving cities since 2000. The developmental strategies of China may offer valuable insights for other developing countries pursuing economic equality and growth simultaneously.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"72 ","pages":"Pages 29-46"},"PeriodicalIF":5.0,"publicationDate":"2024-11-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143325784","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0