Optimizing green subsidy policies for decarbonization in Southeast Asia's real estate sector

Huake Liu, He Nie, Di Sang, Yu Wang and Xueren Zhang

Energy Economics, 2025, vol. 144, issue C

Abstract: The real estate sector is a significant contributor to carbon emissions, especially in lesser-developed countries in Southeast Asia, where the adoption of energy-efficient technologies remains limited. This paper evaluates the effectiveness of heterogeneous green subsidy policies aimed at reducing carbon emissions in the real estate industry. Using a dynamic stochastic general equilibrium (DSGE) model, we assess the impact of these policies on building materials manufacturers, real estate enterprises, and regulatory bodies. Our findings indicate that targeted subsidies for low-carbon production factors significantly reduce carbon emissions and support sustainable economic growth in the real estate sector. The results offer crucial insights into formulating green subsidy policies that align with decarbonization goals while fostering sustainable development in Southeast Asia's emerging economies. This research provides practical recommendations for policymakers to optimize green subsidies and promote a transition to a low-carbon future.

Keywords: Reduce carbon emissions; Green subsidy policies; Regulation policy comparison; Real estate market (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0140988325001963
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:144:y:2025:i:c:s0140988325001963

DOI: 10.1016/j.eneco.2025.108372

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 ().