【能源经济与管理学术论坛】
叶芳林博士讲座通知
题目：Strategic Investment and Technology Policies in Clean Energy under Technological Change
主讲人：叶芳林 博士，伊利诺伊大学厄本那香槟分校
时间：2016年10月8日（星期六）15:30
地点：北航新主楼A1036
报告人简介：
叶芳林，伊利诺伊大学厄本那香槟分校应用经济学博士，美国农业和应用经济学协会会员；研究领域为能源与环境经济学与金融学，主要研究方向是可再生能源领域中公司的投资策略和政府相关政策对公司投资的影响，以及用Real options 和 CGE模型评估这些政策的效果；曾在美国能源部西北太平洋国家实验室、伊利诺伊大学生物能源研究中心等机构实习或访问研究。
摘要：
The typical benefit-cost analysis of an energy policy relies on an engineering estimate of the compliance benefits and costs. In the clean energy industry where producing at a competitive cost level are currently unavailable, this static analysis overlooks the dynamic effects of the ongoing technological change on firms’ entry and investments, leading to misinterpretations of some policy impacts. We develop a dynamic model to investigate firms’ investment behaviors and related policy impacts in the presence of three different patterns of technological change. In contrast to the existing literature that highlights the necessity of government R&D spending in clean technology, we find that this policy provides strong incentives for firms to delay their investments. As most environmental targets have a short planning horizon, the success of clean energy industries should rely more on the enforced technology deployment policy such as the mandate, instead of current policies overly focused on R&D-based breakthrough technologies.
经管学院科研办
2016-09-30
