MyJournals Home  

RSS FeedsSustainability, Vol. 11, Pages 4518: The Influences of Government Subsidies on Performance of New Energy Firms: A Firm Heterogeneity Perspective (Sustainability)

 
 

21 august 2019 16:04:02

 
Sustainability, Vol. 11, Pages 4518: The Influences of Government Subsidies on Performance of New Energy Firms: A Firm Heterogeneity Perspective (Sustainability)
 




Based on the empirical analysis of panel data on new energy listed companies in China, the relationships among government subsidies, enterprise research and development input (R&D input), and firm performance are explored to measure the impact of government subsidies on firm performance and the mediation mechanism of R&D input. In addition, the effects of the moderation variables of regional characteristics and state ownership are measured from the enterprise heterogeneity perspective. The results show that government subsidies have a positive promoting effect on R&D input; R&D input has a two-year lag positive effect on firm performance; government subsidies have a two-year lag positive effect on firm performance through the mediation role of R&D input. Regional characteristics and enterprise properties moderate the effect of government subsidies on firm performance. Government subsidies have a greater positive effect on firm performance in the eastern coastal areas than they do in mid-west coastal areas, and there is a crowding-out effect on the mid-west coastal areas. Government subsidies have a greater positive effect on the performance of non-state-owned enterprises than they do on state-owned enterprises. Suggestions are provided for the government to adjust subsidy policy and improve the performance of new energy enterprises.


Del.icio.us Digg Facebook Google StumbleUpon Twitter
 
23 viewsCategory: Ecology
 
Sustainability, Vol. 11, Pages 4517: Between Environmental Utilization and Protection: Adolescent Conceptions of Biodiversity (Sustainability)
Sustainability, Vol. 11, Pages 4516: Investigating Gaps in Perception of Wildlife between Urban and Rural Inhabitants: Empirical Evidence from Japan (Sustainability)
 
 
blog comments powered by Disqus


MyJournals.org
The latest issues of all your favorite science journals on one page

Username:
Password:

Register | Retrieve

Search:

Ecology

Use these buttons to bookmark us:
Del.icio.us Digg Facebook Google StumbleUpon Twitter


Valid HTML 4.01 Transitional
Copyright © 2008 - 2019 Indigonet Services B.V.. Contact: Tim Hulsen. Read here our privacy notice.
Other websites of Indigonet Services B.V.: Nieuws Vacatures News Tweets Travel Photos Nachrichten Indigonet Finances Leer Mandarijn