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Effect of energy-environmental policies on technology innovation

  • Chun Jie Chi*
  • , He Xin Wang
  • *Corresponding author for this work
  • East China University of Science and Technology

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The purpose of this paper is to discuss the innovation incentives and welfare effect of different and composite energy-environmental policies on technology innovation. The paper starts from the dynamics of technology innovation stressing the influence of governmental regulations. A model is developed to analyze the effects of emissions tax, auctioned permits and direct command and control regulation particularly. The supply side of the innovation market is incorporated in the model. Results show that the combination of direct command and control regulation and market-oriented policy is effective in the short run. The analysis also indicates that sometimes the direct command and control are rational options given the condition that quick and temporary policy adjustment is required for certain emergent cases. Future policy implications in China are also discussed.

Original languageEnglish
Title of host publicationProceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages2097-2102
Number of pages6
ISBN (Print)9787883580805
DOIs
StatePublished - 2007
Event2007 International Conference on Management Science and Engineering, ICMSE'07 - Harbin, China
Duration: 20 Aug 200722 Aug 2007

Publication series

NameProceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)

Conference

Conference2007 International Conference on Management Science and Engineering, ICMSE'07
Country/TerritoryChina
CityHarbin
Period20/08/0722/08/07

Keywords

  • Energy-environmental policy
  • Incentive effect
  • Policy instrument
  • Technology innovation

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