Effects of subsidy and tax rebate policies on green firm research and development efficiency in China

被引：15
|
作者：
Chang, Kai [1 ]
Long, Yu [1 ]
Yang, Jiahui [2 ]
Zhang, Huijia [1 ]
Xue, Chenqi [1 ]
Liu, Jianing [1 ]
机构：
[1] Shanghai Normal Univ, Sch Finance & Business, Shanghai 200234, Peoples R China
[2] Shanghai Maritime Univ, Sch Law, Shanghai 201306, Peoples R China
来源：
ENERGY | 2022年 / 258卷
关键词：
GML method; Green firm; R& D efficiency; Subsidy policy; Tax rebate policy; Transmission effect; DEVELOPMENT INVESTMENT; PUBLIC SUBSIDIES; GOVERNMENT SUBSIDIES; RENEWABLE ENERGY; TECHNICAL EFFICIENCY; CARBON TAX; IMPACT; INNOVATION; PRODUCTIVITY; TECHNOLOGY;
D O I：
10.1016/j.energy.2022.124793
中图分类号：
O414.1 [热力学];
学科分类号：
摘要：
This study attempts to fill important knowledge gaps to explore the distinct symbolic influences of subsidy and tax rebate policies on green firm research and development (R&D) efficiency using the global Malmquist-Luenberger (GML) index method, while focusing on green industries in China. Our empirical results demonstrate that the subsidies and tax rebates received from local and central gov-ernments have significant U-shaped impacts on green firm R&D efficiency at the 10% significance level, and subsidies and tax rebates have significant and positive interactions with green firm R&D efficiency under the U-shaped effects of subsidies and tax rebates at the 1% significance level. Furthermore, sub-sidies and tax rebates play distinct transmission roles in influencing green firm R&D efficiency by stimulating R&D investment, boosting technical efficiency change, and facilitating technical progress change.(c) 2022 Elsevier Ltd. All rights reserved.
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收藏
页数：12
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