Title :
Effect of Energy-environmental Policies on Technology Innovation
Author :
Chun-jie, Chi ; He-xin, WANG
Author_Institution :
East China Univ. of Sci. & Technol., Shanghai
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.
Keywords :
energy conservation; environmental management; government policies; innovation management; taxation; technology management; composite energy-environmental policies; emissions tax; governmental regulation; innovation market; market-oriented policy; technology innovation; Command and control systems; Conference management; Energy management; Environmental economics; Finance; Innovation management; Instruments; Power generation economics; Space technology; Technological innovation; energy-environmental policy; incentive effect; policy instrument; technology innovation;
Conference_Titel :
Management Science and Engineering, 2007. ICMSE 2007. International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-7-88358-080-5
Electronic_ISBN :
978-7-88358-080-5
DOI :
10.1109/ICMSE.2007.4422149
