IDEAS home Printed from https://ideas.repec.org/a/spr/joevec/v34y2024i3d10.1007_s00191-024-00867-5.html
   My bibliography  Save this article

Can pumped-storage power stations stimulate rural revitalization? Evidence from the four-party evolutionary game

Author

Listed:
  • Wei Wang

    (School of Economics and Management, North China Electric Power University)

  • Yanbin Li

    (School of Economics and Management, North China Electric Power University)

  • Jinzhong Li

    (School of Economics and Management, North China Electric Power University)

  • Yun Li

    (School of Economics and Management, North China Electric Power University)

Abstract

This paper focuses on the social, economic, and environmental benefits of village development during the construction and operation of a pumped-storage power station (PSPS) in China. This paper provides an innovative perspective on new energy development in the context of rural revitalization. A four-party evolutionary game model was established that included the central government, local governments, PSPSs, and villagers. The evolution and stabilization strategies used in the development process of the rural revitalization were analyzed. The results show the following: (1) The greater the strength or amount of fines and penalties, the lower the cost of supervision, making it more conducive to the central government's evolution towards strict supervision. (2) The greater the tax revenues, the more likely local governments are to evolve towards active implementation. (3) The greater the social benefits, the more likely PSPSs are to evolve toward active participation. (4) The greater the resettlement compensation fees, wages, and donations, the more likely villagers are to evolve toward positive cooperation. We then provide appropriate suggestions on how PSPSs contribute to rural revitalization. This paper is important for improving the investment decision plan of PSPSs for rural revitalization and promoting China’s sustainable new energy.

Suggested Citation

  • Wei Wang & Yanbin Li & Jinzhong Li & Yun Li, 2024. "Can pumped-storage power stations stimulate rural revitalization? Evidence from the four-party evolutionary game," Journal of Evolutionary Economics, Springer, vol. 34(3), pages 595-645, July.
    • Handle: RePEc:spr:joevec:v:34:y:2024:i:3:d:10.1007_s00191-024-00867-5
    DOI: 10.1007/s00191-024-00867-5
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s00191-024-00867-5
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s00191-024-00867-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Pumped-storage power station; Rural revitalization; Evolutionary game theory; Evolutionary stability strategy;
    All these keywords.

    JEL classification:

    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:joevec:v:34:y:2024:i:3:d:10.1007_s00191-024-00867-5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.