NDLI: Economic analysis on China's industry development policy of new energy

Content Provider	IEEE Xplore Digital Library
Author	Qiumin Liao Zhenduo Zhao
Copyright Year	2012
Description	Author affiliation: Center for Environmental and Resources Law of Jiangxi University of Science and Technology, Ganzhou city, China (Qiumin Liao; Zhenduo Zhao)
Abstract	In order to encourage the development of new energy industry, Chinese government has carried out some policies, such as fiscal subsides, tax incentive, and compulsory quota control etc. This paper makes an economic analysis and a comparison of these policies to see their efficiency according to the fundamentals of economy. And results show that as incentive policies to reduce the price new energy, government subsidy and preferential taxation are both effective with similar effect; compulsory quota control aiming at solving net integration problem causes some welfare lost in short terms but improves in the long run; while fixed-price purchase loses most welfare because the price does not fall with enlarging market and should be used for the purchase of excessive output only.
Starting Page	1
Ending Page	4
File Size	219564
Page Count	4
File Format	PDF
ISBN	9781467344975
ISSN	21544824
e-ISBN	9781889334479
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2012-06-24
Publisher Place	Mexico
Access Restriction	Subscribed
Rights Holder	TSI Press
Subject Keyword	Government Industries Renewable energy resources Wind power generation Economics Water heating Photovoltaic systems compulsory quota new energy industrial policy economic analysis subsides tax incentives
Content Type	Text
Resource Type	Article

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