The Government Intervention in the Development of New Energy Industry: The Boundary of Responsibility and Policy Tools

Ding Qiang Duan; Wei Zhang; Yun Xiao Hu

doi:10.4028/www.scientific.net/AMR.1010-1012.2045

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 1010-1012The Government Intervention in the Development of...

The Government Intervention in the Development of New Energy Industry: The Boundary of Responsibility and Policy Tools

Abstract:

Market allocation mechanism plays a key role in the development of new energy industry .but also cannot do without the support of the government, this paper emphasizes that the government should pay attention to the fundamental role of the market when deciding its own responsibilities. Guiding the industrial layout and coordinate between government investment and private investment is the main responsibilities of government in the development of new energy industry. The paper points out that increasing financial subsidy, encouraging the government procurement and improving tax expenditures are important policy tools to realize government intervention targets.

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Periodical:

Advanced Materials Research (Volumes 1010-1012)

Pages:

2045-2049

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.1010-1012.2045

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Online since:

August 2014

Authors:

Ding Qiang Duan*, Wei Zhang, Yun Xiao Hu

Keywords:

Boundary of Responsibility, Fiscal Policy, Government Intervention, New Energy Industry

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* - Corresponding Author

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