The development of the new energy vehicle industry has become a key force driving the goals of carbon peak and carbon neutralization.To better guide future strategies,this study investigates the dual impact of subsidy...The development of the new energy vehicle industry has become a key force driving the goals of carbon peak and carbon neutralization.To better guide future strategies,this study investigates the dual impact of subsidy and dual-integral policies on the performance of new energy vehicle enterprises.This study first theorizes the influential mechanism according to the institutional-based approach and technical innovation theory,and then collects data from listed companies in the new energy vehicle industry from 2016 to 2020.The hypotheses are examined using a two-way fixed-effects model.The findings show that:(1)subsidy policies are can still improve enterprise performance,but not through green technology innovation;(2)the dual-credit policy can improve enterprise performance through green technology innovation;and(3)under current policy conditions,with subsidies declining annually,the interaction effects between the subsidy and dual-integral policies will also decrease.Thus,this study suggests that non-monetary industrial policy,represented by the dual credit policy is a more effective alternative to government subsidies.展开更多
In the global environment of pursuing resource regeneration and green environmental protection, more and more wasted clothing need to be solved. In order to make full use of the wasted clothing and save land and soil ...In the global environment of pursuing resource regeneration and green environmental protection, more and more wasted clothing need to be solved. In order to make full use of the wasted clothing and save land and soil resources, an idea of wasted clothing's recycling and remanufacturing is put forward. In the new idea a pricing game model is established basing on Stacklberg differential game theory between traditional and remanufactured clothing. In this model, the differences in consumers' willingness to pay and the government's subsidies are considered. Government's optimal subsidy are obtained which ensure not only the interests of manufacturers but also environmental reputation and maximum social benefits. The study is helpful to push the wasted clothing's recycling and remanufacturing plan. It makes some index more precise quantification as government's subsidy, manufacturers and the social benefits. Government and manufactures can make the detailed cooperation plan reference to it.展开更多
With the new round of scientific and technological revolution and industrial transformation,China has posited the direction of“new infrastructure”in 2020.As one of the seven major industries of the“new infrastruct...With the new round of scientific and technological revolution and industrial transformation,China has posited the direction of“new infrastructure”in 2020.As one of the seven major industries of the“new infrastructure”,the charging infrastructure(CI)industry not only supports the upgrade of the new energy vehicle industry but also provides developing platforms for emerging industries,such as wireless charging,energy storage,smart microgrid,and new energy consumption.Therefore,the government’s supporting role is crucial for the CI industry.To effectively explore the effectiveness of government’s subsidy policy in the CI industry and promote its healthy development,we employed a game model and discussed the government's evolution process of different game strategies between CI and battery-swapping station(BSS)operators in this study.First,China's government subsidies for the electric vehicle(EV)industry were classified into CIs and BSSs.The subsidies obtained by the CI operators were operating subsidies,whereas those obtained by BSSs were investment subsidies.Second,a game model was constructed,involving the government,operators,and users.The model used backward induction to seek the refined Nash equilibrium solution for CIs and BSS operators.The Nash equilibrium solution indicated that the optimal investment amount and BSS quantity of the operator were positively correlated with the government subsidy intensity.When the profitability of the operators increased and the amount of the subsidies increased,consumers’willingness to use EVs increased and the policy effects were closely related to the benefits of government management.The decisions made by either the users or the operators were inversely related to the operators’management efficiency.Besides,the subsidy policy was affected by the government management.Therefore,in the implementation stage of the government’s future subsidy policies,the government needs to innovate and improve management effectiveness.The government could use subsidy policies as a driving force for developing the CI industry to build a comprehensive ecosystem of the industry,which is also the next key point for the government to promote the development of the CI industry in the future.展开更多
Based on the background of China's emerging and transitional market,government subsidies to enterprises are regarded as a " helping hand" of promoting economic structural adjustment. In this paper,using ...Based on the background of China's emerging and transitional market,government subsidies to enterprises are regarded as a " helping hand" of promoting economic structural adjustment. In this paper,using China's A-share agricultural listed companies from 2010 to 2015 as research samples,we discuss the influence of government subsidies on research and development( hereinafter referred to as R & D) investment,and the difference in the relationships between the two from the perspective of different nature of property rights. The results show that,on the whole,the increase in government subsidies does not promote the intensity of R & D investment of agricultural listed companies. And after distinguishing the nature of property rights,the results show that state-owned enterprises can get more government subsidies than private enterprises,and the increase in government subsidies boosts the increase in R & D investment in private enterprises,but there is a negative correlation between government subsidies and R & D investment of state-owned enterprises. This conclusion can broaden the research perspective of the influence factors of corporate R & D investment,and it is of practical significance to further clarify the role of government subsidies in R & D investment decisions of enterprises with different nature of property rights.展开更多
It is worth studying whether enterprises receiving government subsidies can transform them into innovative achievements under the constraints of enterprise resources.The data from the three industries of electronics,p...It is worth studying whether enterprises receiving government subsidies can transform them into innovative achievements under the constraints of enterprise resources.The data from the three industries of electronics,pharmaceuticals,and information technology during 2013-2016 were empirical tested to verify the moderating effect of the absorbed slack on the relationship between government subsidies and enterprise innovation.The results show that government subsidies can promote enterprise innovation;absorbed slack promotes enterprise innovation;the absorbed slack of enterprises plays a positive moderation role in the relationship between government subsidy and enterprise innovation.In other words,the enterprises with high absorbed slack can promote the innovation of enterprises by government subsidies.The conclusions provide theoretical guidance for government departments to select the most suitable enterprises which accept innovative subsidies.展开更多
In order to solve the problem of imbalance resource allocation and service income in the elderly care service industry,this article establishes three service income models in different situations for a single provider...In order to solve the problem of imbalance resource allocation and service income in the elderly care service industry,this article establishes three service income models in different situations for a single provider and a single integrator while considering the quality as well as government subsidies.The results showed that government subsidies can significantly improve quality efforts and service income with a mutual restriction between quality and service income.Government subsidies would have an impact on the quality,and they are more conducive to the service income of providers.When government subsidies are less than 80% of the service income,the incentive effect is better.展开更多
基金This research is supported by the National Natural Science Foundation of China[Grant number.71801190].
文摘The development of the new energy vehicle industry has become a key force driving the goals of carbon peak and carbon neutralization.To better guide future strategies,this study investigates the dual impact of subsidy and dual-integral policies on the performance of new energy vehicle enterprises.This study first theorizes the influential mechanism according to the institutional-based approach and technical innovation theory,and then collects data from listed companies in the new energy vehicle industry from 2016 to 2020.The hypotheses are examined using a two-way fixed-effects model.The findings show that:(1)subsidy policies are can still improve enterprise performance,but not through green technology innovation;(2)the dual-credit policy can improve enterprise performance through green technology innovation;and(3)under current policy conditions,with subsidies declining annually,the interaction effects between the subsidy and dual-integral policies will also decrease.Thus,this study suggests that non-monetary industrial policy,represented by the dual credit policy is a more effective alternative to government subsidies.
文摘In the global environment of pursuing resource regeneration and green environmental protection, more and more wasted clothing need to be solved. In order to make full use of the wasted clothing and save land and soil resources, an idea of wasted clothing's recycling and remanufacturing is put forward. In the new idea a pricing game model is established basing on Stacklberg differential game theory between traditional and remanufactured clothing. In this model, the differences in consumers' willingness to pay and the government's subsidies are considered. Government's optimal subsidy are obtained which ensure not only the interests of manufacturers but also environmental reputation and maximum social benefits. The study is helpful to push the wasted clothing's recycling and remanufacturing plan. It makes some index more precise quantification as government's subsidy, manufacturers and the social benefits. Government and manufactures can make the detailed cooperation plan reference to it.
基金National Social Science Foundation of China Key Project“Technologydriven New Energy Vehicle Industry Business Model Innovation Research”[Grant Number.16AGL004].
文摘With the new round of scientific and technological revolution and industrial transformation,China has posited the direction of“new infrastructure”in 2020.As one of the seven major industries of the“new infrastructure”,the charging infrastructure(CI)industry not only supports the upgrade of the new energy vehicle industry but also provides developing platforms for emerging industries,such as wireless charging,energy storage,smart microgrid,and new energy consumption.Therefore,the government’s supporting role is crucial for the CI industry.To effectively explore the effectiveness of government’s subsidy policy in the CI industry and promote its healthy development,we employed a game model and discussed the government's evolution process of different game strategies between CI and battery-swapping station(BSS)operators in this study.First,China's government subsidies for the electric vehicle(EV)industry were classified into CIs and BSSs.The subsidies obtained by the CI operators were operating subsidies,whereas those obtained by BSSs were investment subsidies.Second,a game model was constructed,involving the government,operators,and users.The model used backward induction to seek the refined Nash equilibrium solution for CIs and BSS operators.The Nash equilibrium solution indicated that the optimal investment amount and BSS quantity of the operator were positively correlated with the government subsidy intensity.When the profitability of the operators increased and the amount of the subsidies increased,consumers’willingness to use EVs increased and the policy effects were closely related to the benefits of government management.The decisions made by either the users or the operators were inversely related to the operators’management efficiency.Besides,the subsidy policy was affected by the government management.Therefore,in the implementation stage of the government’s future subsidy policies,the government needs to innovate and improve management effectiveness.The government could use subsidy policies as a driving force for developing the CI industry to build a comprehensive ecosystem of the industry,which is also the next key point for the government to promote the development of the CI industry in the future.
文摘Based on the background of China's emerging and transitional market,government subsidies to enterprises are regarded as a " helping hand" of promoting economic structural adjustment. In this paper,using China's A-share agricultural listed companies from 2010 to 2015 as research samples,we discuss the influence of government subsidies on research and development( hereinafter referred to as R & D) investment,and the difference in the relationships between the two from the perspective of different nature of property rights. The results show that,on the whole,the increase in government subsidies does not promote the intensity of R & D investment of agricultural listed companies. And after distinguishing the nature of property rights,the results show that state-owned enterprises can get more government subsidies than private enterprises,and the increase in government subsidies boosts the increase in R & D investment in private enterprises,but there is a negative correlation between government subsidies and R & D investment of state-owned enterprises. This conclusion can broaden the research perspective of the influence factors of corporate R & D investment,and it is of practical significance to further clarify the role of government subsidies in R & D investment decisions of enterprises with different nature of property rights.
文摘It is worth studying whether enterprises receiving government subsidies can transform them into innovative achievements under the constraints of enterprise resources.The data from the three industries of electronics,pharmaceuticals,and information technology during 2013-2016 were empirical tested to verify the moderating effect of the absorbed slack on the relationship between government subsidies and enterprise innovation.The results show that government subsidies can promote enterprise innovation;absorbed slack promotes enterprise innovation;the absorbed slack of enterprises plays a positive moderation role in the relationship between government subsidy and enterprise innovation.In other words,the enterprises with high absorbed slack can promote the innovation of enterprises by government subsidies.The conclusions provide theoretical guidance for government departments to select the most suitable enterprises which accept innovative subsidies.
文摘In order to solve the problem of imbalance resource allocation and service income in the elderly care service industry,this article establishes three service income models in different situations for a single provider and a single integrator while considering the quality as well as government subsidies.The results showed that government subsidies can significantly improve quality efforts and service income with a mutual restriction between quality and service income.Government subsidies would have an impact on the quality,and they are more conducive to the service income of providers.When government subsidies are less than 80% of the service income,the incentive effect is better.
