On how the local protectionist policies affect the promotion of China's new energy vehicle market
Accelerating the establishment of a nationally unified large market is crucial for promoting the development of China's new energy vehicle(NEV)industry,while the frequent occurrence of local protectionism has become a key obstacle to the widespread promotion of the NEV market.This article,by taking panel data on the promotion of NEVs in 28 provinces(municipalities,autonomous regions)of China from 2010 to 2021 as research samples,analyzes the impact of local protectionist policies on the scale and market share of the NEV market,as well as the moderating and threshold effects of product market development.The research findings indicate that local protectionist policies exert a significant inhibitory effect on both the expansion of the NEV market scale and the increase in market share.Product market development plays a moderating role in this process,with the effect of local protectionist policies on market scale being influenced by a single threshold effect of product market development,while their effect on market share is influenced by double threshold effects,exhibiting an inverted"U"shaped feature of initially promoting and then inhibiting.Further research demonstrates that local protectionist policies hinder the promotion of the NEV market by deepening energy market segmentation.Regional heterogeneity indicates that local protectionist policies in eastern regions significantly inhibit the promotion of the NEV market,while they have a promoting effect in central and western regions.In regions where parent companies of listed NEV manufacturers are present,the inhibitory effect of local protectionist policies is more pronounced,whereas in regions without such companies,their inhibitory effect is relatively weaker.The research conclusions provide decision-making references for breaking through local protectionism in China's NEV industry and promoting its sustainable development.
new energy vehiclemarket promotionlocal protectionismgrowth level of product marketizationregional heterogeneity
NETL
NSTL
万方数据
