Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)

Research on Financing Efficiency of Photovoltaic Industry Based on Three-stage DEA Model

Authors
Changhui Yang1, *, Chen Chen1, *
1Department of management, Hefei University of technology, Hefei, 230009, China
*Corresponding author. Email: yangchanghui@hfut.edu.cn
*Corresponding author. Email: 690865437@qq.com
Corresponding Authors
Changhui Yang, Chen Chen
Available Online 29 December 2022.
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.

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Volume Title
Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)
Series
Advances in Computer Science Research
Publication Date
29 December 2022
ISBN
10.2991/978-94-6463-042-8_195
ISSN
2352-538X
DOI
10.2991/978-94-6463-042-8_195How to use a DOI?
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  -