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What Affects the Diffusion of New Energy Vehicles Financial Subsidy Policy? Evidence from Chinese Cities

Designing and implementing effective new energy vehicle (NEV) policy are policy priorities for policymakers and energy policy scholars. However, the formulation, adoption, and diffusion of the NEV policies have not been fully examined in the extant literature. This article explores the mechanisms dr...

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Detalles Bibliográficos
Autores principales: Liu, Weixing, Yi, Hongtao
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7037132/
https://www.ncbi.nlm.nih.gov/pubmed/31979153
http://dx.doi.org/10.3390/ijerph17030726
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author Liu, Weixing
Yi, Hongtao
author_facet Liu, Weixing
Yi, Hongtao
author_sort Liu, Weixing
collection PubMed
description Designing and implementing effective new energy vehicle (NEV) policy are policy priorities for policymakers and energy policy scholars. However, the formulation, adoption, and diffusion of the NEV policies have not been fully examined in the extant literature. This article explores the mechanisms driving the diffusion of local financial subsidy policy for NEVs in China. In this context, we aim at analyzing the factors affecting the diffusion of local financial subsidies for NEVs in cities, to explain why some cities have taken the lead in adopting local financial subsidy policies for NEVs, while other cities have lagged behind. Based on a data set of 286 cities in China from 2009 to 2016, and with event history analysis (EHA) to analyze the strategic behaviors of local governments, we found that the number of the city’s neighbors that have adopted the NEV policy, the financial incentive policy of the provincial government, the administrative ranking of the city, the city’s financial situation and innovation capacity have a direct impact on whether the city adopts a local financial subsidy policy for NEVs. This study has practical implications for policymakers in designing and promoting the spread of NEV policies.
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spelling pubmed-70371322020-03-11 What Affects the Diffusion of New Energy Vehicles Financial Subsidy Policy? Evidence from Chinese Cities Liu, Weixing Yi, Hongtao Int J Environ Res Public Health Article Designing and implementing effective new energy vehicle (NEV) policy are policy priorities for policymakers and energy policy scholars. However, the formulation, adoption, and diffusion of the NEV policies have not been fully examined in the extant literature. This article explores the mechanisms driving the diffusion of local financial subsidy policy for NEVs in China. In this context, we aim at analyzing the factors affecting the diffusion of local financial subsidies for NEVs in cities, to explain why some cities have taken the lead in adopting local financial subsidy policies for NEVs, while other cities have lagged behind. Based on a data set of 286 cities in China from 2009 to 2016, and with event history analysis (EHA) to analyze the strategic behaviors of local governments, we found that the number of the city’s neighbors that have adopted the NEV policy, the financial incentive policy of the provincial government, the administrative ranking of the city, the city’s financial situation and innovation capacity have a direct impact on whether the city adopts a local financial subsidy policy for NEVs. This study has practical implications for policymakers in designing and promoting the spread of NEV policies. MDPI 2020-01-22 2020-02 /pmc/articles/PMC7037132/ /pubmed/31979153 http://dx.doi.org/10.3390/ijerph17030726 Text en © 2020 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Liu, Weixing
Yi, Hongtao
What Affects the Diffusion of New Energy Vehicles Financial Subsidy Policy? Evidence from Chinese Cities
title What Affects the Diffusion of New Energy Vehicles Financial Subsidy Policy? Evidence from Chinese Cities
title_full What Affects the Diffusion of New Energy Vehicles Financial Subsidy Policy? Evidence from Chinese Cities
title_fullStr What Affects the Diffusion of New Energy Vehicles Financial Subsidy Policy? Evidence from Chinese Cities
title_full_unstemmed What Affects the Diffusion of New Energy Vehicles Financial Subsidy Policy? Evidence from Chinese Cities
title_short What Affects the Diffusion of New Energy Vehicles Financial Subsidy Policy? Evidence from Chinese Cities
title_sort what affects the diffusion of new energy vehicles financial subsidy policy? evidence from chinese cities
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7037132/
https://www.ncbi.nlm.nih.gov/pubmed/31979153
http://dx.doi.org/10.3390/ijerph17030726
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