Research on Financing Efficiency of Photovoltaic Industry Based on Three-stage DEA Model
- DOI
- 10.2991/978-94-6463-042-8_195How to use a DOI?
- Keywords
- Three-stage DEA model; photovoltaic; financing efficiency
- Abstract
Based on the Three-stage DEA model, this paper calculates the financing efficiency of China's photovoltaic industry, and uses SFA regression model to eliminate the influence of environmental factors and random noise, so as to make the calculation results more accurate. The results show that: firstly, government subsidies will increase the redundancy of financing investment, while tax return will reduce the redundancy of financing investment; secondly, the financing efficiency of photovoltaic enterprises is mainly restricted by scale efficiency, and most photovoltaic enterprises are in the stage of increasing returns to scale; thirdly, for different types of photovoltaic enterprises, the financing efficiency of photovoltaic product manufacturing enterprises is the fastest. Finally, it puts forward relevant countermeasures and suggestions from the enterprise and government level, so as to provide reference for improving the financing efficiency of China's photovoltaic industry.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Changhui Yang AU - Chen Chen PY - 2022 DA - 2022/12/29 TI - Research on Financing Efficiency of Photovoltaic Industry Based on Three-stage DEA Model BT - Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022) PB - Atlantis Press SP - 1342 EP - 1349 SN - 2352-538X UR - https://doi.org/10.2991/978-94-6463-042-8_195 DO - 10.2991/978-94-6463-042-8_195 ID - Yang2022 ER -