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Analysis Of The Effects Of Carbon Tax, Energy Intensity On Technology Innovation Of Industrial Sectors In China

Posted on:2015-04-03Degree:MasterType:Thesis
Country:ChinaCandidate:X R LiFull Text:PDF
GTID:2309330452950848Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
The implementation of carbon tax is imminent at present. While the carbon emissionreduction for the collection of carbon tax, there is a negative impact on the economy. And thetechnological innovation can enhance the effect of energy saving and emission reduction, alsorelief the negative effects of economic development. But the level of Chinese technologicalinnovation especially green technology development is low, so the influence of carbon tax on theindustrial enterprises technological innovation is critical to the implementation of carbon tax toreduce carbon emissions, achieve the goal of industrial transformation or upgrading.By the theoretical model, we establish an equation between carbon tax intensity, energyintensity, carbon tax subsidies and technological innovation. We get three corollaries:(1) there isa relation of inverted "U" between technological innovation and carbon tax;(2) energy intensityhas a positive effect on technical innovation;(3) carbon tax subsidies get an uncertain influenceon technology innovation. Then we do an empirical analysis based on the panel data of Chinese37industries from2004to2010to verify the former conclusion. The empirical results alsoreveal that it is asymmetric between energy consumption and carbon emissions in industrialsectors; the efficiency of technological innovation investment is low; both innovation investmenttax subsidies and innovation output carbon tax subsidies are able to improve the industrialtechnology innovation, strengthen the positive influence of the carbon tax on the industrialtechnology innovation, reduce the negative effect of energy intensity on the industry technologyinnovation. And the influence of innovation output carbon tax subsidies on technologicalinnovation is better than innovation input carbon tax subsidies. FDI gains a negative effect ontechnological innovation. There is a positive correlation between R&D capital input and laborinput and technological innovation.
Keywords/Search Tags:Technology Innovation, Carbon Tax, Energy Intensity, Subsidy
PDF Full Text Request
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