Journal ArticleDOI
Environmental subsidy and the choice of green technology in the presence of green consumers
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This paper considers two profit-maximizing firms selling two products in a price and pollution sensitive market and shows that the green technology level, environmental improvement coefficient and unit cost increase coefficient play important roles in the government subsidy strategy.Abstract:
In this paper, we present a study on a government using subsidy policy to motivate firms’ adoption of green emissions-reducing technology when consumers are environmentally discerning. We consider two profit-maximizing firms selling two products in a price and pollution sensitive market. The products differ only in their manufacturing costs, selling prices and the amount of pollutant emissions per unit of product. The objective of each firm is to determine the selling prices of the products, taking into account the impact of green technology on costs and customer demands. Two cases are considered: (1) the government has limited budget and can choose only one firm at most to provide subsidy; (2) the government has sufficient budget and can choose both firms to provide subsidy. We discuss which firm should be selected in each case and in which situation the firm has incentive to invest in the green technology. We also show that the green technology level, environmental improvement coefficient and unit cost increase coefficient play important roles in the government subsidy strategy.read more
Citations
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Green credit financing versus trade credit financing in a supply chain with carbon emission limits
TL;DR: This study investigates a supply chain system consisting of a capital-constrained manufacturer and a well-funded supplier facing uncertain demand, in which the manufacturer may seek GCF from banks, and designs a GCF model by imposing a hard constraint on carbon emissions.
Journal ArticleDOI
Incentives for environmental research and development: Consumer preferences, competitive pressure and emissions taxation
TL;DR: The results showcase a number of scenarios in which external forces can induce firms to exert higher R&D efforts, some of which are counter-intuitive and contrary to commonly held assumptions and arguments about the role of consumer, competitive and regulatory pressures in environmental development.
Journal ArticleDOI
The impacts of subsidy policies and transfer pricing policies on the closed-loop supply chain with dual collection channels
Nana Wan,Dingjun Hong +1 more
TL;DR: In this paper, the optimal pricing and recycling policies for a closed-loop supply chain with retailer and third-party dual collection channels were analyzed for a remanufacturing or recycling subsidy, in which the transfer prices paid by the manufacturer to the two recyclers are either uniform or different.
Journal ArticleDOI
Green subsidy modes and pricing strategy in a capital-constrained supply chain
TL;DR: In this paper, the authors investigated green credit (GC), manufacture subsidy (MS), and sales subsidy (SS) modes in a supply chain with a capital-constrained green manufacturer and found the win-win subsidy mode.
Journal ArticleDOI
Decisions and coordination of retailer-led low-carbon supply chain under altruistic preference
TL;DR: Numerical study shows that the altruistic preference can help increase the SMM's profit and system efficiency but decrease the retailer's profit in the coordination contract.
References
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Journal ArticleDOI
Energy consumption, carbon emissions, and economic growth in China
Xing-Ping Zhang,Xiao-Mei Cheng +1 more
TL;DR: This article investigated the existence and direction of Granger causality between economic growth, energy consumption, and carbon emissions in China, applying a multivariate model of economic growth and energy use, carbon emissions, capital and urban population.
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CO2 emissions, energy consumption, and output in France
TL;DR: The authors examined the dynamic causal relationships between pollutant emissions, energy consumption, and output for France using cointegration and vector error-correction modelling techniques and provided evidence for the existence of a fairly robust long-run relationship between these variables for the period 1960-2000.
Journal ArticleDOI
Environmental policy and technological change
TL;DR: The relationship between technological change and environmental policy has received increasing attention from scholars and policy makers alike over the past ten years as discussed by the authors, partly because the environmental impacts of social activity are significantly affected by technological change, and partly because environmental policy interventions themselves create new constraints and incentives that affect the process of technological developments.
Journal ArticleDOI
Firm incentives to promote technological change in pollution control: Reply
Scott Milliman,Raymond Prince +1 more
TL;DR: In this paper, the process of technological change in pollution control is broken into three basic steps: innovation, diffusion, and optimal agency response, and firm incentives to promote these steps are examined under five regulatory regimes: direct controls, emission subsidies, emission taxes, free marketable permits, and auctioned marketable permit.
Journal ArticleDOI
On the relationship between energy consumption, CO2 emissions and economic growth in Europe
Ali Acaravci,Ilhan Ozturk +1 more
TL;DR: In this paper, the authors examined the causal relationship between carbon dioxide emissions, energy consumption, and economic growth by using autoregressive distributed lag (ARDL) bounds testing approach of cointegration for nineteen European countries.