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The Impact of Fiscal Subsidies on Innovation Output of New Energy Vehicle Industry: An Empirical Analysis Based on 794 Listed Companies

Yifan Song1and Xiuyan Xi 1,*
1 Dalian Jiaotong University, Dalian, Liaoning, China * Correspondence: Xiuyan Xi,Dalian Jiaotong University, Dalian, Liaoning, China

Vol. 22 (2026): 2026 3rd International Conference on the Frontiers of Social Sciences, Education, and the Development of Humanities Arts (EDHA 2026)

Received: 2026-06-13

Accepted: 2026-06-13

Published: 2026-06-13

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Abstract

China's new energy vehicle sector, a strategic emerging industry, sees its technological innovation level crucial for both its own high-quality development and national energy security and global competitiveness. Using panel data from 794 A-share listed NEV companies (2010-2023), this study employs a fixed effects model to examine how fiscal subsidies and R&D intensity affect industrial innovation output. Results show subsidies significantly enhance both the quantity and quality of corporate innovation. The paper thus suggests future fiscal policies shift from quantitative incentives to quality-focused patent management for sustainable, high-quality development.

Keywords

fiscal subsidies new energy vehicles innovation output fixed effects model

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Copyright and License

Published in2026-06-13 15:40:35

DOI doi.org/10.70088/z178bc02

Creative Commons
Copyright: © 2026 by the authors. Submitted for possible open access publication under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/license s/by/4.0/).

Copyright
Copyright © The Author(s), 2026. Published by EDHA 2026

Journal Information

  • Vol. 22 (2026): 2026 3rd International Conference on the Frontiers of Social Sciences, Education, and the Development of Humanities Arts (EDHA 2026)
  • 2026-06-13
  • ISSN: (Print) 3078-770X/ (Online) 3078-7718
  • Journal Homepage

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