EconPapers    
Economics at your fingertips  
 

Effect of green industrial policy on China's outward renewable energy investment

Jiashun Xue, Jessie Poon, Yu Yang and Qiang Ji

Energy Economics, 2024, vol. 138, issue C

Abstract: The urgent need to accelerate global decarbonization to mitigate against climate change has revitalized the role of industrial policy in a country's economic transformation. This paper focuses on the impact of green industrial policies on China's renewable energy investment overseas. Findings indicate a strong relationship with consistent significant effect across renewable energy sectors, heterogeneous host countries, and firm ownership. Green industrial policies compensate for impoverished investment environments by signaling host governments' commitment to energy transition and decarbonization. This attenuates risk and uncertainty and has a positive effect on renewable energy investment from China. Such investment is especially relevant for developing countries interested in participating in energy transition. China's investment potentially increases access to renewable energy that facilitates global decarbonization.

Keywords: China; Renewable energy investment; Green industrial policy; Decarbonization (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0140988324005383
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:138:y:2024:i:c:s0140988324005383

DOI: 10.1016/j.eneco.2024.107830

Access Statistics for this article

Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant

More articles in Energy Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:eneeco:v:138:y:2024:i:c:s0140988324005383