期刊
ENERGY STRATEGY REVIEWS
卷 21, 期 -, 页码 157-162出版社
ELSEVIER SCIENCE BV
DOI: 10.1016/j.esr.2018.06.006
关键词
Energy efficiency; Emission; Top runners
资金
- National Natural Science Foundation of PRC [71771057, 71401057]
- Guangdong Social Science Foundation [GD17XYJ23]
- Innovative Foundation (Humanities and Social Sciences) for Higher Education of Guangdong Province [2017WQNCX053]
- Innovative Group Foundation (Humanities and Social Sciences) for Higher Education of Guangdong Province [2015WCXTD009]
This article focuses on energy efficiency subsidy to top runners (high energy efficiency firms) in China. By game theory approach, some interesting conclusions are achieved. Firstly, a subsidy stimulates subsidized firms' output and profits. Secondly, a subsidy to top runners will reduce total emission. Thirdly, both the environmental effects of market structure and the number of subsidized firms are captured. Finally, under asymmetric information condition, we give the values of subsidy budget to identify firms' energy efficiency. In summary, this article supports the theoretic analysis of potential subsidy for TOP RUNNER program in China.
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