Scenario-Based Forecasting of the Impact of Tax Incentives on Green R&D in China’s Wind Power Industry in a Complex Network Environment
Ying Wang and
Igor Mayburov ()
Additional contact information
Ying Wang: Institute of Economics and Management, Ural Federal University Named After the First President of Russia B.N. Yeltsin, Yekaterinburg 620002, Russia
Sustainability, 2025, vol. 17, issue 4, 1-33
Abstract:
Due to the deteriorating ecological environment in recent years, many countries have introduced relevant policies to support the development of clean energy. This paper focuses on wind power generation as the subject for examining green R&D diffusion. Many enterprises take advantage of the information asymmetry between them and the government to carry out fake research and development and cheat taxes, resulting in a large loss of fiscal revenue for the state. The aim of the study is to simulate different scenarios for the diffusion of green R&D in China’s wind energy industry under different tax rates, incentives, and penalties. The results of the study show that the state’s ability to increase penalties can inhibit firms’ behavior of camouflaging R&D. Under the current tax incentives, the introduction of green R&D quotas in the electricity market, coupled with strong penalties, can increase the real green R&D capability of enterprises. The government’s implementation of zero R&D tax incentives and strong penalties do not increase firms’ green R&D capabilities. The diffusion effect of green R&D is more significant in the context of strong market demand. This suggests that the introduction of a quota system can encourage firms to accelerate the pace of technological innovation, while a strict regulatory environment is necessary to avoid policy abuse and optimize resource allocation.
Keywords: wind power industry; diffusion of green R&D; tax incentives; complex network environment (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://www.mdpi.com/2071-1050/17/4/1560/pdf (application/pdf)
https://www.mdpi.com/2071-1050/17/4/1560/ (text/html)
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:gam:jsusta:v:17:y:2025:i:4:p:1560-:d:1590693
Access Statistics for this article
Sustainability is currently edited by Ms. Alexandra Wu
More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().