scholarly journals Demand Subsidy versus Production Regulation: Development of New Energy Vehicles in a Competitive Environment

Mathematics ◽  
2021 ◽  
Vol 9 (11) ◽  
pp. 1280
Author(s):  
Zixuan Wang ◽  
Xiuzhang Li
Keyword(s):  
Social Welfare ◽  
Stackelberg Game ◽  
Positive Impact ◽  
Consumer Preference ◽  
Social Planner ◽  
Environmental Preferences ◽  
The Social ◽  
New Energy ◽  
Vehicle Market ◽  
New Energy Vehicles

In the competitive market environment, the growth of new energy vehicles (NEVs) faces many obstacles. Demand subsidy or production regulation-related policies are widely used to promote the development of NEVs. A comparative analysis of the effects of the two types of policies on the competitive vehicle market requires further study. To fill this gap, we investigate which type of policy is more preferable from the perspective of the social planner. In this paper, we construct a Stackelberg game with a welfare-maximizing social planner and two profit-maximizing manufacturers producing NEVs and fuel vehicles (FVs), respectively. Interestingly, although both types of policies can increase the quantity of NEVs, demand subsidy also promotes the growth of total vehicles at the same time; in contrast, production regulation reduces the total vehicles. Moreover, compared with the benchmark that no policy intervention, demand subsidy generally improves social welfare, while production regulation improves social welfare only with high consumer preference for NEVs. Nevertheless, production regulation always has a positive impact on the environment, whereas demand subsidy may have a positive impact only when the NEV is very environment friendly. The numerical results show that consumer environmental preferences and the regulation of environmental impact determine which type of policy dominates the other.

scholarly journals IMPLEMENTASI KEBIJAKAN SISTEM TRANSPORTASI DARAT DAN DAMPAKNYA TERHADAP KESEJAHTERAAN SOSIAL DI JAKARTA

2017 ◽  
Vol 2 (1) ◽  
pp. 59
Author(s):  
Muh Kadarisman ◽  
Aang Gunawan ◽  
Ismiyati Ismiyati
Keyword(s):  
Social Welfare ◽  
Economic Activity ◽  
Qualitative Method ◽  
Positive Impact ◽  
Transportation System ◽  
Poverty Rate ◽  
Public Welfare ◽  
Economic Costs ◽  
The Social ◽  
Transportation Development

Transportation is the backbone in creating social welfare in Jakarta. Therefore, if there are problems in the transportation system, it will have an impact on the smooth traffic flow and will ultimately hamper the achievement of public welfare. This study used a descriptive-qualitative method. This study refers to the theory proposed by Anderson (in Tachjan, 2006: 23) and Sarana, et al (2009: 9). The results of the study are as follows. Policy implementation transportation system in Jakarta has been able to improve the social welfare of most citizens, which means some people have to feel and enjoy the outcome of transportation development  in Jakarta. However, others have not optimally felt the positive impact of the policy. Even, it is perceived negatively; such as traffic jams which are almost evenly distributed throughout Jakarta causing high air pollution, hampered economic activity and generated high economic costs that social welfare was also weakened. This is reinforced by the increasing poverty rate in 2014 that reached 393,980 people thousand compared to previous years.

scholarly journals The impact of the reduction of consumption subsidies on the industrial chain of new energy vehicles

2021 ◽  
Vol 235 ◽  
pp. 01002
Author(s):  
Xiaohua Mao
Keyword(s):  
Chinese Government ◽  
Industry Chain ◽  
Industrial Chain ◽  
New Energy ◽  
New Energy Vehicle ◽  
Using Data ◽  
The Impact ◽  
D Investment ◽  
Vehicle Market ◽  
New Energy Vehicles

In recent years, in order to promote the independent development of the new energy vehicle industry, Chinese government has decided to reduce the consumption subsidies for new energy vehicles until the subsidies are completely withdrawn. The reduction of consumption subsidy has a great impact on the production and sales of new energy vehicles in the whole vehicle market. However, does the reduction of this subsidy also have an impact on other enterprises in the new energy vehicles industry chain? This paper tests this problem using data from 2016 to 2018, and finds, through empirical analysis, that during the period of subsidy decline, the profitability of component enterprises is significantly positively correlated with this subsidies, while the r&d investment of enterprises is significantly negatively correlated with this subsidies. The results show that in terms of profitability, the reduction of consumer subsidies not only has an impact on the whole vehicle industry of new energy vehicles, but also has an adverse impact on the core component companies in the industrial chain. However, in terms of r&d, the reduction of subsidies has more negatively strengthened the input and attention of R&D in component companies.

The Analysis of the Current Situation and Countermeasures of New Energy Vehicles

2014 ◽  
Vol 686 ◽  
pp. 639-642
Author(s):  
Wei Li ◽  
Ming Yuan Ma
Keyword(s):  
Social Capital ◽  
Management Mechanism ◽  
Pollution Problem ◽  
The Social ◽  
New Energy ◽  
Environmental Pollution Problem ◽  
The Government ◽  
New Energy Vehicle ◽  
Battery Technology ◽  
New Energy Vehicles

With pm2.5 and environmental pollution problem of urban smog, energy conservation and environmental protection has become an important subject in the current car development, so the new energy vehicles get more and more favor from the government and enterprises. But the new energy vehicles’ market share in our country is still small and the technology is not mature. This paper summarizes the experience and lessons in the development of new energy vehicles at home and abroad, and then based on which analyses the reasons that restrict the development of the new energy vehicles, finally puts forward the countermeasures of new energy vehicles development from the government's macro policy, battery technology, management mechanism, public participation and so on. In addition, it also puts forward a new opinion that encourages and guides the social capital to participate in the operation of the new energy vehicle infrastructure construction and operation, then provides a model for our country’s new energy vehicles future development.

scholarly journals THE APPLICATION OF THE BALANCE PRINCIPAL IN THE NATURAL RESOURCES MANAGEMENT IN MARINE AND COASTAL AREAS

2014 ◽  
Vol 26 (2) ◽  
pp. 285
Author(s):  
Jantje Tjiptabudy
Keyword(s):  
Social Welfare ◽  
Natural Resources ◽  
Positive Impact ◽  
Natural Resources Management ◽  
Conceptual Approach ◽  
Resources Management ◽  
Balance Principle ◽  
The Social ◽  
The Government ◽  
Government Authority

This research aims to discuss the implementation of balance principle of marine and coastal resources management.  The type of this research is a normative research by way of applying the provisions and conceptual approach. The result of the research shows that the government authority is more dominant than protect the interest of adat law society. In the implementation of balance principle with regards to the coastal and natural resources management has not yet fully provided the positive impact for the social welfare. Besides, both parties have different concept of balance principle, so that it is incompatible with the substance and interpretation in its implementation. Penelitian ini bertujuan mengkaji penerapan asas keseimbangan dalam pengelolaan sumberdaya alam laut dan pesisir. Jenis Penelitian ini adalah normatif dengan menggunakan pendekatan perundang-undangan dan pendekatan konsep. Hasil penelitian menunjukkan bahwa kewenangan pemerintah lebih dominan dalam pengelolaan sumber daya alam, namun kurang memberikan perlindungan terhadap kepentingan masyarakat hukum adat. Penerapan prinsip keseimbangan dalam pengelolaan sumberdaya alam di wilayah laut dan pesisir belum sepenuhnya memberikan pengaruh positif bagi kesejahteraan masyarakat. Selain itu, kedua belah pihak mempunyai konsep yang berbeda tentang prinsip keseimbangan sehingga dalam penerapannya belum sesuai dengan makna atau hakekatnya.

scholarly journals The Role of Zakat in Establishing Social Welfare and Economic Sustainability: The Case of Saudi Arabia

2020 ◽  
Vol 11 (6) ◽  
pp. 196
Author(s):  
Aysha N. Al-Salih
Keyword(s):  
Saudi Arabia ◽  
Social Welfare ◽  
Social Life ◽  
Positive Impact ◽  
Empirical Studies ◽  
Welfare Economic ◽  
Economic Sustainability ◽  
Main Theme ◽  
The Social

Much recent literature has studied the role of Zakat in establishing social welfare and economic sustainability. It is believed that Zakat is among the most important systems for Muslims: indeed, it enables the wealthy and rich to purify their hearts from greed by giving a part of their wealth to the needy. Therefore, Zakat redistributes income and wealth, plays an important role in poverty alleviation, and contributes to social welfare and economic sustainability. This study discusses the role of Zakat in establishing social welfare and economic sustainability by reviewing theoretical and empirical studies. This prior research is then extended by examining the historical development of Zakat and the structure of Zakat accounting method in Saudi Arabia. This study is significant in creating awareness about Zakat’s role and its impact on the social life of a society. The researcher employs qualitative research methods, reviewing traditional and contemporary Islamic sources to explicate the significance of Zakat as an institution, and elaborate its impact on social life in line with the main theme of the study. The topic of Zakat is one that has received increased attention by researchers interested in Muslim values, social welfare, economic sustainability, and accounting. However, little research has been produced on the intersections of these four topics in the specific context of Saudi Arabia. The overall findings show that Zakat has a positive impact on social welfare and economic sustainability in Saudi Arabia.

Optimal production decision of new energy vehicle and traditional fuel vehicle

2021 ◽  
pp. 1-9
Author(s):  
Jiang Jiali ◽  
Lin Yuanyuan ◽  
Zhang Zhenyang ◽  
Wang Jun
Keyword(s):  
Decision Problem ◽  
Downward Trend ◽  
Optimal Production ◽  
Pricing Decision ◽  
New Energy ◽  
Vehicle Production ◽  
New Energy Vehicle ◽  
Vehicle Market ◽  
Production Decision ◽  
New Energy Vehicles

With the reduction of government subsidies for new energy vehicle, it has become an important decision problem for traditional vehicle enterprises with new energy vehicle production qualification to decide how much proportion of new energy vehicles should be produced. By maximizing the utility of the vehicle enterprise, this study analyses the influence of enterprise’s production decision and consumer’s preference payment premium for the performance of new energy vehicle on optimal mixed production and pricing decision after the subsidies withdraw from the new energy vehicle market. The Results show that: (1) consumer’s payment premium increases the proportion of new energy vehicles produced by automobile enterprise. The enterprise only produces traditional fuel vehicles instead of new energy vehicles, when the premium is less than a certain level; and when the payment premium is higher than a certain threshold, the enterprise merely produces new energy vehicles instead of traditional ones. (2) As the rise of consumer’s payment premium, the amount of people who consume vehicles show a downward trend, and finally only 1/2 of consumers will remain to purchase automobiles. (3) There shows a U-shaped relationship between the optimal profit of vehicle enterprise and consumer payment premium that the profit of vehicle enterprise will decline first and then rise with the increase of consumer payment premium.

scholarly journals Social Welfare and Cost Recovery in Two-Sided Markets

2006 ◽  
Vol 5 (1) ◽  
Author(s):  
Wilko Bolt ◽  
Alexander F. Tieman
Keyword(s):  
Social Welfare ◽  
Cost Recovery ◽  
Social Optimum ◽  
Social Planner ◽  
The Social ◽  
Positive Externality ◽  
Antitrust Regulation ◽  
Recovery Problem ◽  
Total Price ◽  
Two Sided Markets

Using a simple model of two-sided markets, we show that, in the social optimum, platform pricing leads to an inherent cost recovery problem. This result is driven by the positive externality of participation that users on either side of the market exert on the opposite side. The contribution of this positive externality to social welfare leads the social planner to increase users' participation by setting prices at both sides of the market such that the total price is below marginal cost. Our result holds for both interior pricing and skewed pricing in two-sided markets. These findings may have interesting consequences for antitrust regulation.

scholarly journals The Impact of Purchase Subsidy on Enterprises’ R&D Efforts: Evidence from China’s New Energy Vehicle Industry

2020 ◽  
Vol 12 (3) ◽  
pp. 1105 ◽  
Author(s):  
Cailou Jiang ◽  
Ying Zhang ◽  
Qun Zhao ◽  
Chong Wu
Keyword(s):  
Positive Impact ◽  
Government Procurement ◽  
Policy Implications ◽  
Difference In Differences ◽  
Subsidy Rate ◽  
Multi Stage ◽  
New Energy ◽  
New Energy Vehicle ◽  
The Impact ◽  
New Energy Vehicles

Purchase subsidy has been adopted to accelerate the diffusion of New Energy Vehicles (NEVs) in China. With a Multi-stage Difference-in-Differences (DID) method, this research investigates the impact of purchase subsidy on Research and Development (R&D) efforts of NEV enterprises. The results indicate that purchase subsidy for NEVs has a positive and significant impact on R&D efforts of NEV enterprises. The impact increases when the purchase subsidy rate decreases. When considering the influences of government procurement and exemption on purchase tax, the positive impact of purchase subsidy still remains significant. The policy implications are that the purchase subsidy rate should be reduced, and stricter technological requirements should be set to couple with the purchase subsidy.

scholarly journals Effect of Chinese Corporate Average Fuel Consumption and New Energy Vehicle Dual-Credit Regulation on Passenger Cars Average Fuel Consumption Analysis

2021 ◽  
Vol 18 (14) ◽  
pp. 7218
Author(s):  
Haoyi Zhang ◽  
Fuquan Zhao ◽  
Han Hao ◽  
Zongwei Liu
Keyword(s):  
Fuel Consumption ◽  
Market Share ◽  
Automotive Industry ◽  
Dual Credit ◽  
Relaxation Effect ◽  
Passenger Cars ◽  
New Energy ◽  
New Energy Vehicle ◽  
Vehicle Market ◽  
New Energy Vehicles

The large sales volume and a great number of passenger car ownership in China have brought a series of environmental and energy problems. In response to these problems, Corporate Average Fuel Consumption and New Energy Vehicle Dual-credit Regulation has been put forward in China. However, it is found that although the purpose of the Dual-credit Regulation is controlling the fuel consumption and promoting the development of the energy vehicle market, the fuel consumption restriction for fossil-fueled passenger cars is relaxed compared to CAFC (Corporate Average Fuel Consumption) regulation alone. Moreover, this effect of relaxation is more obvious when the market share of new energy vehicles increases. To quantitatively estimate the relaxation effect of the fuel consumption restriction, a method of quantifying the relaxation effect is designed, and three different scenarios of new energy vehicle market development have been presumed in this paper. It is found that there are three main factors related to new energy vehicles that cause the relaxation of fuel consumption restriction, and the effect might become obvious and severe after 2025 if the market share of new energy vehicles develops very rapidly. These results may affect the development of the automotive industry and needed to be concerned.

scholarly journals How do Fines and Their Enforcement on Counterfeit Products Affect Social Welfare?

2021 ◽  
Author(s):  
Marta Biancardi ◽  
Andrea Di Liddo ◽  
Giovanni Villani
Keyword(s):  
Social Welfare ◽  
Differential Game ◽  
Social Planner ◽  
Selling Price ◽  
Brand Name ◽  
The Social ◽  
Enforcement Costs ◽  
Feedback Equilibria ◽  
Counterfeit Products

AbstractWe consider a differential game which models the competition between a genuine and a counterfeit producer. The genuine manufacturer acts as a leader, first announcing the price of the product and the investments in advertising. After observing the leader’s decisions, the counterfeiter sets the selling price of the fakes. We assume that the demand of the good is driven by the brand-name goodwill. We calculate the Stackelberg feedback equilibria and the social welfare, defined by the unweighted sum of the genuine and fakes consumers, the profit of the genuine firm, minus the enforcement costs borne by the social planner. The purpose of this paper is twofold. Firstly we study the dependence of social welfare on the amount of the fines established in the IPR law and monitoring efforts. Then, we compare prices, profits and social welfare under Nash and Stackelberg framework.

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