Differential game model of carbon emission reduction decisions with two types of government contracts: Green funding and green technology

Chen, Yufeng; Li, Liming

doi:10.1016/j.jclepro.2023.135847

Cited by 21 publications

(13 citation statements)

References 38 publications

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“…An [45] said that green credit financing was a type of financial service provided by banks to encourage borrowers to commit to green investment and achieve sustainable development. The government also can provide reasonable green funds or green technologies to encourage enterprises to reduce emissions [46].…”

Section: Incentives and Penalties For Enterprisesmentioning

confidence: 99%

“…The stability of the local equilibrium point can be determined from the Jacobian matrix of the system according to Lyapunov stability analysis [53]. The standard Jacobian matrix J is used to evaluate the asymptotic stability of equilibrium strategy pairs [46]. Any solution pair that satisfies the requirements detJ > 0 and trJ < 0 is asymptotically stable and hence is an ESS of the game, and the stability strategy must be disturbance rejection, which should satisfy ∂F 1 (x)/∂x < 0, ∂F 1 (y)/∂y < 0.…”

Section: The Solution Of Evolutionary Stability Strategymentioning

confidence: 99%

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Evolutionary Game Analysis of Governments’ and Enterprises’ Carbon-Emission Reduction

Li,

Gao,

2024

Sustainability

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With the increasingly serious problem of global climate change, many countries are positively promoting carbon-emission-reduction actions. In order to deeply explore the interaction between enterprises’ carbon-emission reduction and governments’ regulation, this paper builds evolutionary game models between governments and enterprises under the reward-and-punishment mechanism. The peer-incentive mechanism is introduced to incentivize enterprises to reduce carbon emissions and coordinate governments and enterprises. The evolutionary-stability strategies are obtained by solving the evolutionary game models. The stability of equilibrium points under different situations is theoretically and numerically studied. The results show that the existence of peer incentives makes enterprises more inclined to positively reduce carbon emissions and governments more inclined to positively regulate. A sufficiently large peer fund can always encourage enterprises to choose positive carbon-reduction emission strategies, while governments choose positive regulation strategies. Not only the increasing rewards and fines but also lowering regulatory costs will promote carbon-emission-reduction behaviors of enterprises. Peer incentives are more effective in promoting positive emission reduction of enterprises compared with rewards and punishments. This study can provide important guidance for governments to formulate regulatory strategies and for enterprises to formulate emission-reduction strategies.

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Section: Incentives and Penalties For Enterprisesmentioning

confidence: 99%

Section: The Solution Of Evolutionary Stability Strategymentioning

confidence: 99%

Evolutionary Game Analysis of Governments’ and Enterprises’ Carbon-Emission Reduction

Li,

Gao,

2024

Sustainability

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show abstract

“…Second, the particle swarm optimization back propagation algorithm is employed to unify the spatial scale, conduct matching and control analysis, and validate the correlation between carbon emissions and nighttime light brightness. This analysis allows for the quantitative construction of a fitting relation between the two and the carbon emission inversion model [49]:…”

Section: The Selection and Source Of The Dependent Variablementioning

confidence: 99%

Construction Land Transfer Scale and Carbon Emission Intensity: Empirical Evidence Based on County-Level Land Transactions in Jiangsu Province, China

Li,

Wang,

Liu

et al. 2024

Land

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The expansion of the construction land scale has been vital in supporting rapid economic development and meeting social needs. However, the spatial heterogeneity in the effect of construction land scale on carbon emission intensity at the county level remains underexplored. Therefore, comprehensively investigating the relation between the construction land transfer scale and carbon emission intensity holds substantial research value. Using panel data from 2007 to 2021, this study analyzes the spatiotemporal differentiation characteristics of carbon emission intensity and the effect of construction land scale on carbon emission intensity at the county level in Jiangsu Province, China. The findings reveal that carbon emission intensity at the county level in Jiangsu Province generally exhibits a continuous downward trend over time and a spatial distribution characterized by a gradual decrease from the southern counties to the central and northern counties. Moreover, there is a significant positive relation between the construction land transfer scale and carbon emission intensity, a conclusion supported by robustness tests. Furthermore, mediating analysis indicates that reduction of the construction land transfer scale exhibits a significant promoting effect on green technology innovation and industrial structure upgrading, which, in turn, has a significant inhibitory effect on carbon emission intensity. The impact of the construction land transfer scale from different sources, supply methods, types, and of county economic strength on carbon emission intensity has significant heterogeneity.

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“…On the other hand, the results of green technology innovation can change production processes and reduce governance costs (Guo et al, 2023). Companies can use new technologies to save energy and reduce emissions (Chen and Li, 2023), thus promoting green development efficiency. Based on this, this paper proposes Hypothesis 2.…”

Section: Research Hypothesismentioning

confidence: 99%

The improvement of energy-consuming right trading policy on the efficiency of urban green development

Guo

Hu²,

Zhang³

et al. 2023

Front. Environ. Sci.

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As a measure to promote the reform of China’s ecological civilization system, the energy-consuming right trading policy has great potential to reduce pollutant emissions and achieve green development in China. Based on the panel data of 254 cities in China from 2005 to 2019, this paper uses difference-in-differences (DID) model and super-efficiency slacks-based measure (Super-SBM) to investigate the impact of energy-consuming right trading policy on the efficiency of urban green development. The findings are as follows. i) The energy-consuming right trading policy can significantly promote the efficiency of urban green development. The conclusion still holds after a series of robustness tests. ii) The energy-consuming right trading policy can improve the efficiency of urban green development by promoting green technology innovation. This finding supports the Porter Hypothesis. iii) Heterogeneity analysis shows that the energy-consuming right trading policy can significantly improve the green development efficiency of cities in the eastern region. On the contrary, there is no significant effect on the green development efficiency of cities in the central and western regions. The government should expand the scope of energy-consuming right trading policy implementation according to local conditions. At the same time, the government should also stimulate enterprises to innovate green technologies and maximize the effect of the energyconsuming right trading policy on the efficiency of green development.

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Differential game model of carbon emission reduction decisions with two types of government contracts: Green funding and green technology

Cited by 21 publications

References 38 publications

Evolutionary Game Analysis of Governments’ and Enterprises’ Carbon-Emission Reduction

Evolutionary Game Analysis of Governments’ and Enterprises’ Carbon-Emission Reduction

Construction Land Transfer Scale and Carbon Emission Intensity: Empirical Evidence Based on County-Level Land Transactions in Jiangsu Province, China

The improvement of energy-consuming right trading policy on the efficiency of urban green development

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