The impact of phasing out subsidy for financial performance of photovoltaic enterprises: evidence from “531 new policy” on China’s photovoltaic industry DOI Creative Commons

Lianfen Yang,

Hua Hong-yan,

Jie Zhang

и другие.

Frontiers in Energy Research, Год журнала: 2024, Номер 12

Опубликована: Окт. 16, 2024

In the past two decades, China’s government subsidy policy has promoted rapid development of photovoltaic industry. Concerns have been raised about how financial performance firms changes with gradual cancellation subsidies. Taking “531 New Policy” industry as an exogenous shock, based on sample listed companies in Shanghai and Shenzhen A-share from 2015 to 2023, this paper uses diference-in-diferences model study impact phasing out enterprises micro level. The found that implementation significantly reduced general. Considering difference industrial chain links, negative decreasing subsidies downstream is more significant, among which R&D investment plays a partially intermediary role. addition, significant senior eastern than young midwest enterprises. conclusions important practical implications for enterprises’ decision-making under changing external environment.

Язык: Английский

Energy, economic, emissions analysis of semi-flexible crystalline silicon photovoltaic system integrated with factory building roofs based on actual electricity load and cost conditions DOI
Hua Zhang, Xinzhu Chen, Wenxin Li

и другие.

Energy and Buildings, Год журнала: 2025, Номер unknown, С. 115358 - 115358

Опубликована: Янв. 1, 2025

Язык: Английский

Процитировано

0
How does the supply chain market respond to policy shocks? Evidence from solar photovoltaic sectors in China DOI
Yinlin Ou, Cody Yu‐Ling Hsiao,

Chin Man Chui

и другие.

Renewable Energy, Год журнала: 2024, Номер 232, С. 121129 - 121129

Опубликована: Авг. 6, 2024

Язык: Английский

Процитировано

2
The impact of phasing out subsidy for financial performance of photovoltaic enterprises: evidence from “531 new policy” on China’s photovoltaic industry DOI Creative Commons

Lianfen Yang,

Hua Hong-yan,

Jie Zhang

и другие.

Frontiers in Energy Research, Год журнала: 2024, Номер 12

Опубликована: Окт. 16, 2024

In the past two decades, China’s government subsidy policy has promoted rapid development of photovoltaic industry. Concerns have been raised about how financial performance firms changes with gradual cancellation subsidies. Taking “531 New Policy” industry as an exogenous shock, based on sample listed companies in Shanghai and Shenzhen A-share from 2015 to 2023, this paper uses diference-in-diferences model study impact phasing out enterprises micro level. The found that implementation significantly reduced general. Considering difference industrial chain links, negative decreasing subsidies downstream is more significant, among which R&D investment plays a partially intermediary role. addition, significant senior eastern than young midwest enterprises. conclusions important practical implications for enterprises’ decision-making under changing external environment.

Язык: Английский

Процитировано

0