文献类型：期刊文献

英文题名：China's Shale Gas Development Subsidy Analysis and Optimization considering Resource Endowment Characteristic

作者：Huang, Yuming[1,2];Zheng, Wenlong[3];Zhang, Dingyu[4,5];Xu, Zhaolei[4,5]

第一作者：Huang, Yuming

通讯作者：Huang, YM[1];Huang, YM[2]

机构：[1]Henan Univ Econ & Law, Sch Engn Management & Real Estate, Zhengzhou 450046, Henan, Peoples R China;[2]Henan Univ, Postdoctoral Stn Geog, Kaifeng 475001, Henan, Peoples R China;[3]North China Univ Water Resources & Elect Power, Zhengzhou 450046, Henan, Peoples R China;[4]Chongqing Inst Geol & Mineral Resources, Chongqing 401120, Peoples R China;[5]Chongqing Inst Resources & Sustainable Econ Dev, Chongqing 400042, Peoples R China

第一机构：河南财经政法大学工程管理与房地产学院

通讯机构：[1]corresponding author), Henan Univ Econ & Law, Sch Engn Management & Real Estate, Zhengzhou 450046, Henan, Peoples R China;[2]corresponding author), Henan Univ, Postdoctoral Stn Geog, Kaifeng 475001, Henan, Peoples R China.|[1048420]河南财经政法大学工程管理与房地产学院;[10484]河南财经政法大学;

年份：2023

卷号：2023

外文期刊名：INTERNATIONAL JOURNAL OF ENERGY RESEARCH

收录：;EI(收录号：20234615055999);Scopus(收录号：2-s2.0-85176213615);WOS:【SCI-EXPANDED(收录号:WOS:001009992400001)】；

基金：This work was supported by the Key Science and Technology Special Project of Shanxi Province (no. 20201102002-4), the Research Projects of China Petroleum & Chemical Corporation (Grant no. P21055), the Henan Province Philosophy and Social Science Planning Project (no. 2022CJJ126), and the school level projects of Henan University of Economics and Law (no. 22HNCDXJ17). In addition, we are very grateful for the help of Prof. Miao Changhong from the Postdoctoral Station of Geography, Henan University, and the guidance of Prof. Zhang Yang from Henan University of Economics and Law.

语种：英文

摘要：The currently implemented indiscriminate subsidy policy in China is difficult to provide effective incentives for a firm's investment behavior because it does not take into account the differences in resource characteristics. Thus, this paper puts forward a type of differentiated subsidy that considers resource conditions, consisting of a basic guaranteed subsidy and a variable incentive subsidy. First, from the perspective of the economic efficiency of enterprises, the amount of basic subsidy required by enterprises is calculated by the discounted cash flow method. Then, from the government's perspective, a variable incentive subsidy amount is calculated by establishing an expectation benefit maximization function using principal-agent theory. The case application shows that due to the superior resources and development conditions of the Fuling block, it requires a significantly smaller subsidy amount than the Weiyuan block which verifies the need to consider regional differences in the design of shale gas development subsidies.