000249496 001__ 249496
000249496 005__ 20180123005416.0
000249496 037__ $$a450-2016-34058
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000249496 041__ $$aen_US
000249496 084__ $$aD22
000249496 084__ $$aO13
000249496 084__ $$aP28
000249496 084__ $$aQ43
000249496 084__ $$aQ48
000249496 084__ $$aQ53
000249496 084__ $$aQ58
000249496 245__ $$aCorporate Preferences for Domestic Policy Instruments under a Sectoral Market Mechanism: A Case Study of Shanxi Province in China
000249496 260__ $$c2014-08
000249496 269__ $$a2014-08
000249496 300__ $$a31
000249496 336__ $$aWorking or Discussion Paper
000249496 520__ $$aUnderstanding companies’ preferences for various domestic policy instruments is crucial
to designing and planning Sectoral Market Mechanism (SMM) in China. Based on a
detailed overview of domestic policy instruments under SMM, this paper evaluates
corporate preferences for diverse domestic policy instruments and identifies potential
influencing factors through econometric analysis. The data were collected from 113
respondents in all 11 prefecture-level cities of Shanxi province, China. Regarding policy
instruments under the system of government receiving tradable units, corporate energy
saving potential, learning capacity and companies’ characteristics have shown significant
influences on companies’ preferences. Dissemination and the popularization of
knowledge are also important to help companies learn how to improve energy efficiency.
In terms of policy measures with voluntary installation-level targets, corporate competition
level, organizational size and ownership are the main factors influencing companies’
preferences. Reducing inequality in the distribution of responsibility is especially important
to gain companies’ support. Under the policy with mandatory installation-level targets, it
suggests that policymakers should focus on status of energy use management and
internationalization orientation. Policy instruments familiar to companies that are able to
relieve corporate financial pressures might be good options to gain higher acceptance.
Moreover, our results show that it is very important to choose an issuance frequency of
one to three years under sectoral crediting.
000249496 542__ $$fLicense granted by Greta Thormodson (thorm018@umn.edu) on 2016-11-09T20:51:30Z (GMT):

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000249496 650__ $$aAgricultural and Food Policy
000249496 650__ $$aMarketing
000249496 6531_ $$aSectoral market mechanism
000249496 6531_ $$aDomestic policy instruments
000249496 6531_ $$aPolicy preference
000249496 6531_ $$aCompany
000249496 6531_ $$aChina
000249496 700__ $$aGao, Shuai
000249496 700__ $$aCai, Wenjia
000249496 700__ $$aLiu, Wenling
000249496 700__ $$aWang, Can
000249496 700__ $$aZhang, ZhongXiang
000249496 8564_ $$s1286521$$uhttp://ageconsearch.umn.edu/record/249496/files/ccep1414.pdf
000249496 887__ $$ahttp://purl.umn.edu/249496
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  Previous issue date: 2014-08
000249496 982__ $$gAustralian National University>Centre for Climate Economics & Policy (CCEP)>Working Papers
000249496 980__ $$a450