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PublikationArtikel (med peer review)

An Anatomy of Failure – Wind Power Development in China

Sammanfattning

China is currently the world’s largest installer of wind power. However, with twice the installed wind capacity compared to the United States in 2015, the Chinese produce less power. The question is: Why is this the case? This article shows that Chinese grid connectivity is low, Chinese firms have few international patents, and that export is low even though production capacity far exceeds domestic production needs. Using the tools of Austrian economics, China’s wind power development from 1980 to 2016 is documented and analyzed from three angles: (a) planning and knowledge problems, (b) unproductive entrepreneurship, and (c) bureaucracy and government policy. From a theoretical standpoint, both a planning problem and an entrepreneurial problem are evident where governmental policies create misallocation of resources and a hampering of technological development.

Grafström, J. (2021). An Anatomy of Failure – Wind Power Development in China. Quarterly Journal of Austrian Economics, 24(2), 317-347.

Detaljer

Författare
Grafström, J.
Publiceringsår
2021
Publicerat i

Quarterly Journal of Austrian Economics

Relaterat

  • Bild av Jonas Grafström, medarbetare på Ratio
    Filosofie doktor och vice vd

    Jonas Grafström

    0703475854jonas.grafstrom@ratio.se

Liknande innehåll

Rapporter

Ekonomisk politik och födelsetal – en analys av effekter och evidens

Grafström, J. & Tillgren Pahlberg, N.

Publiceringsår

2026

Publicerat i

Regeringskansliet

Sammanfattning

Den femte skriften från regeringens utredning Framtid med barn. Studien analyserar hur ekonomisk politik påverkar födelsetal och konstaterar att strukturella reformer inom bostad, arbetsmarknad och välfärd är viktigare än enbart ekonomiska transfereringar för att vända Sveriges historiskt låga födelsetal.

Artikel (med peer review)

When circular systems scale

Grafström, J. & Larsson, J.P.

Publiceringsår

2026

Publicerat i

Journal of Industrial Ecology, 1–17

Sammanfattning

Circular economy systems are often designed with a focus on material flows and technological substitution, but their ecological performance is also shaped by geography. As a circular economy expands geographically, it encounters rising institutional diversity, logistical constraints, and behavioral divergence. The paper introduces a framework, based on lessons from the plastics industry, that models how spatial frictions—defined across regulatory, logistical, behavioral, economic, and coordination dimensions—accumulate with scale and undermine system performance. Costs escalate, and reliability deteriorates as circular systems become more spatially dispersed. These dynamics can result in delayed material recovery, inconsistent quality, and increased ecological inefficiency, even when technical feasibility exists.

Artikel (med peer review)

A transition probability analysis of material flows in the European aggregates industry

Grafström, J., & Rydén, S.

Publiceringsår

2026

Publicerat i

Construction Management and Economics, 1–14

Sammanfattning

Recycled aggregates materials are often relegated to downcycled applications such as backfilling. Different barriers limit their reintegration into higher-value construction use. This paper develops a probabilistic model of material flows using a Markov chain framework to simulate transitions between four states: Input, Use/Waste, Recycling, and Disposal. The model draws on Eurostat data covering non-metallic minerals in 27 EU Member States (2014–2023) and incorporates barrier-adjusted transition probabilities reflecting economic, technological, institutional, and social constraints. Scenario simulations reveal that improvements in recycling probabilities can yield nonlinear gains in material retention. However, once structural barriers are introduced, system performance declines sharply—even under favourable technical assumptions. The results suggest that modest policy interventions may have outsized effects if targeted toward key transition points.

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