The effect of solar clean energy vehicles of Chinese enterprises
Testing the implementation effect of the dual credit policy as a market-incentive environmental regulation promoting high-quality development of China''s new energy vehicle …
Market-incentive environmental regulation and performance of …
Testing the implementation effect of the dual credit policy as a market-incentive environmental regulation promoting high-quality development of China''s new energy vehicle …
The effects of government subsidies on new energy vehicle enterprises ...
In this study, subsidies are classified into government subsidies beforehand (GSB) and government subsidies afterwards (GSA). We examine the impacts of GSB and GSA on the financial performance of Chinese enterprises of New Energy Vehicle (NEV). Analyzing a dataset of Chinese NEV firms'' financial performance from 2013 to 2017 with panel regression …
Synergistic effect of government policy and market mechanism …
Under the background of "dual carbon", to achieve the goal of economic development and resource consumption decoupling, the government vigorously develops clean energy to replace traditional fossil energy [1, 2].As a strategic emerging industry in China, NEV is divided into three categories: plug-in hybrid vehicles, pure electric vehicles and fuel cell …
The Influence of Government Subsidies on the Development of New Energy ...
2.2 Subsidy Method for New Energy Vehicles. The innovation ability of Chinese new energy enterprises is generally low, and the role of government subsidies in promoting the innovation activities of new energy enterprises has not been effectively played. According to Wang, there is a problem that the subsidy targets are not comprehensive. There ...
Exploring the innovation efficiency of new energy vehicle …
This paper employs the stochastic frontier model to analyze the innovation efficiency and its influencing factors of new energy vehicles in China. The investment of …
Effect of green industrial policy on China''s outward renewable energy ...
According to Cozzi et al. (2023), increasing renewable energy in power consumption is the most important factor in meeting COP28''s goal of cutting greenhouse gas (GHG) emissions by 43% in 2030 compared to 2019 ch a view is supported by studies that have shown that renewable energy investment significantly reduces carbon dioxide emissions …
The development of new energy vehicles for a sustainable future: …
"Notice on economizing energy and applying travel tax policy for new energy vehicle" issued by MOF, SAT and MIIT in March 2012 emphasized that 50% discount for travel tax of energy-saving vehicles and travel tax shall be exempted for NEV from January 1, 2012 [53]. Since travel tax is levied annually, this policy will reduce the operation cost of NEV.
Capital allocation efficiency, technological innovation and vehicle ...
It is urgent to solve the problem of carbon emission caused by developing vehicle industry. Because the effect of exhaust purification treatment technology is very little, developing new energy vehicles (NEVs) is the best choice to deal with the problem of vehicle carbon emission (Bonsu, 2020). Countries all over the world have issued policies ...
Government Subsidies and Enterprise Innovation: Evidence from …
With samples of Chinese listed PV enterprises from 2010 to 2019, this study finds R&D subsidies exert a notable positive impact on the innovation in PV enterprises. In …
The impact of government subsidies on technological innovation …
the greatest incentive eect on the R&D investment of midstream enterprises, which is 2.5 times that of upstream enterprises and 1.7 times that of downstream enterprises. However, the impact of subsidies on the patent output of midstream enterprises is not signicant.
Market-incentive environmental regulation and performance of new energy ...
Testing the implementation effect of the dual credit policy as a market-incentive environmental regulation promoting high-quality development of China''s new energy vehicle industry requires examining its role in helping low-carbon emission reduction. More importantly, such development also requires exploring whether it can effectively improve the performance …
Do governmental subsidies improve the financial performance of China…
This paper is completed with the support from Beijing Social Science Fund Energy Base Project BA "Study on Clean Utilization and Development of Energy in Rural Area under Beijing-Tianjin-Hebei Coordinated Development" (17JDYJB011) and the National Natural Science Fund Project of China "The Analysis Model and Policy Research on the Conduction …
The impact of emission trading system on clean energy …
Using China''s sulfur dioxide (SO 2) emission trading system (ETS) for 2007 as a quasi-natural experiment, the difference-in-differences model and data obtained from the Chinese Industrial Enterprises Database and Chinese Industrial Enterprises Pollution Database were used to determine whether an ETS affects enterprises'' clean energy consumption. The …
A Review of ESG Research in China: From the Perspective of Chinese ...
China''s policy development deployment is to reduce energy consumption, reduce carbon emission intensity, control coal consumption scale, and develop clean energy during the period 2021–2030 to achieve the goal of rapid carbon emission reduction in the period 2031–2045. We should focus on renewable energy, replace traditional energy consumption in …
Impact of financial subsidies on the R&D intensity of new energy ...
The history of new energy vehicle industry policy began in approximately 2020. As early as 2001, China included the R&D of electric vehicles into the major projects of the "863" National Plan of the "10th Five-Year Plan" [2], and supported enterprises in their R&D of new energy vehicles in the form of scientific research projects.
The Prospect of China''s Renewable Automotive …
This has been raised in meetings and important speeches, showing that speeding up the cultivation and development of new energy vehicles, can, not only effectively reduce the pressure on energy and the environment, but is also a …
Explore the environmental benefits of new energy vehicles: …
New energy vehicles (NEVs) are considered to ease energy and environmental pressures. China actively formulates the implementation of NEVs development …
Energy and the Economy in China
Since China''s reform and opening up in 1978, the country has undergone a profound transformation: the Chinese economy in 1978, as measured in Gross Domestic Production (GDP), stood at $150 billion (current US$ according to the World Bank (World Bank 2019)), and was half the size the Italian economy.Three decades later, China''s economy is the …
Riding the Green Wave: How Clean Energy Is Reshaping China …
The clean energy industry has recently garnered marked attention, as it does not only mitigate greenhouse gas (GHG) emissions, but it also serves as a novel investment avenue, which may propel the size of the stock market. With this backdrop, this study aims to assess whether clean energy augments the size of the stock markets in China, utilizing the …
Can government environmental regulation promote low-carbon …
Article 40 of CNEPL mentions that local governments should take measures to promote the production and use of clean energy, encourage enterprises to give priority to the use of clean energy and optimize the energy consumption structure. The government should encourage enterprises to adopt technologies and equipment with high energy efficiency and …
The impact of government subsidies on technological innovation …
The subsidies have the greatest incentive effect on the R&D investment of midstream enterprises, which is 2.5 times that of upstream enterprises and 1.7 times that of downstream enterprises. However, the impact of subsidies on the patent output of midstream enterprises is not significant. Thirdly, further analysis shows that there is a threshold for …
The influences of fiscal and credit policies on renewable energy ...
Short-run, long-run, and total credit loans obtained from financial institutions have significantly positive impacts on renewable energy enterprises'' investment. Subsidies and credit loans and taxation rebates and credit loans represent significantly positive interactions on renewable energy enterprises'' investment. Variations in subsidies ...
Policy incentives, government subsidies, and technological …
Using balanced panel data for 196 NEV enterprises in China consisting of 2940 observations for the period from 2006 to 2020, this study uses a staggered DID model to empirically test the impact of China''s NEVPC policy on technological innovation in NEV enterprises. We found that policy incentives significantly increased the TIO of NEV …
Overview of Chinese new energy vehicle industry and policy …
This includes establishing renewable energy projects, such as photovoltaic and wind power, to provide reliable and clean energy for new energy vehicles. The government places great emphasis on the significance of complete vehicle recycling, specifically …
More government subsidies, more green innovation? The …
This paper addresses several issues related to (1) the impacts of government subsidies on the innovation of Chinese new energy vehicle enterprises, (2) the …
Do governmental subsidies improve the financial performance of China…
China has become the world''s second largest energy consumer, and the national primary energy consumption demand had risen from 1.4 billion tons of standard coal in 2000 to 4.86 billion tons of standard coal in 2019 [1].Global warming and the severe air pollution in China have forced the country to shift from coal-based energy production to a sustainable …
An investigation of the innovation efficacy of Chinese photovoltaic ...
The real innovation efficacy value of Chinese photovoltaic enterprises is then calculated once the influence of environmental parameters on the efficacy of innovation has been accounted for. In the course of empirical research, it was discovered that the average innovation efficacy of Chinese solar-energy firms is 0.567. In addition, the ...
Do subsidies improve the financial performance of renewable energy ...
The promotion of renewable energy cannot be separated from the support provided by government subsidies. However, the effect of government subsidies is controversial. Taking China''s listed renewable energy companies as examples, this paper analyzes the impact of government subsidies on the financial performance of these companies. The results show …
Financial subsidies, tax incentives, and new energy vehicle enterprises ...
financial subsidies on innovation investment of new energy enterprises. They found that the size of subsidies had an inverted U-shaped relationship with enterprises'' innovation invest-ment. The higher subsidies were, the more crowding-out severe effect on enterprises'' R&D investment existed [14]. Boeing (2022) finished research with panel ...
Innovation strategies of Chinese new energy vehicle enterprises …
1. Introduction. In recent years, relying on industrial policies such as fiscal and tax subsidies, China''s new energy vehicles (NEVs) 1 have achieved rapid growth in production and sales in a short period (Xiong and Qin, 2022).However, behind the prosperous scenery, problems have gradually been exposed, such as high subsidy standards for some vehicle models, …
Government subsidies and innovation in new energy vehicle
2.1 Government grants and business innovation. Owing to the significant externalities associated with new energy vehicles, government innovation incentives in the form of government subsidies to enterprises help them achieve industrial upgrading, optimize resource allocation, and regulate market failures [].The development of China''s new energy …
More government subsidies, more green innovation? The …
Using a dataset of Chinese new energy vehicle enterprises listed on the A-share market for the period of 2010–2019, we find a promoting effect of government subsidies on firms'' innovation. The promoting effect is greater in the private-owned firms and the central area. We also find that reducing government subsidies only negatively affects ...
Synergistic effect of government policy and market mechanism …
Venture capital is a typical social capital in China''s market and is good at supporting strategic industry innovation and incubation. Jiang and Liu (2022) [11] has verified the innovation incentive effect of venture capital on new energy enterprises. In 2016 and 2018, two internationally renowned venture capitals, Samsung Ventures and Bailly ...
Does green credit benefit the clean energy ...
With respect to the research samples, this paper chooses Chinese clean energy enterprises, because China has made some achievements in vigorously developing green credit and guiding funds to flow to clean and environmentally friendly enterprises. First, green credit has been highlighted in China (Lee and Chang, 2022). The "Green Credit ...