One of the core competencies of a supermarket lies in its branding. With the continuous development of the market economy and the ongoing evolution of consumer demand, private brands have progressively emerged as significant contributors to supermarket growth. However, a pivotal developmental challenge for supermarkets is navigating the innovative decision-making process between private brands and designated manufacturers. This paper aims to investigate the innovative decisions between private brands and designated manufacturers, along with the relevant promotional strategies employed during entry into the United States market.
{"title":"Research on the Innovative Decisions of Supermarket Private Brands and Designated Manufacturers","authors":"Jia Chen","doi":"10.26689/pbes.v7i1.6197","DOIUrl":"https://doi.org/10.26689/pbes.v7i1.6197","url":null,"abstract":"One of the core competencies of a supermarket lies in its branding. With the continuous development of the market economy and the ongoing evolution of consumer demand, private brands have progressively emerged as significant contributors to supermarket growth. However, a pivotal developmental challenge for supermarkets is navigating the innovative decision-making process between private brands and designated manufacturers. This paper aims to investigate the innovative decisions between private brands and designated manufacturers, along with the relevant promotional strategies employed during entry into the United States market.","PeriodicalId":310426,"journal":{"name":"Proceedings of Business and Economic Studies","volume":"07 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140086287","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Small and medium-sized enterprises (SMEs) constitute the primary drivers of production within the nation’s existing enterprise landscape. They represent the most dynamic segment of the national economy and play a pivotal role in supporting economic growth, fostering employment, and enhancing people’s livelihoods. However, despite their significant and extensive organizational structures, only a fraction of these companies have established internal control systems, and even fewer possess robust ones. Building upon this premise and considering the prevailing circumstances of SMEs, this paper undertakes an empirical analysis of monetary fund management within this sector. It delves into the operational intricacies, exploring how monetary funds should be effectively implemented to ensure their safety and integrity. Furthermore, it proposes viable strategies to enhance the circulation efficiency of monetary funds, thereby maximizing benefits for enterprises. Addressing these challenges is crucial for SME managers striving to achieve sustainable profit growth and navigate the complexities of financial management.
{"title":"Research on the Problems and Countermeasures of Monetary Capital Internal Control in Small and Medium-Sized Enterprises","authors":"Lina Sha, Guanlin Liu, Zhaoyong Ouyang","doi":"10.26689/pbes.v7i1.6194","DOIUrl":"https://doi.org/10.26689/pbes.v7i1.6194","url":null,"abstract":"Small and medium-sized enterprises (SMEs) constitute the primary drivers of production within the nation’s existing enterprise landscape. They represent the most dynamic segment of the national economy and play a pivotal role in supporting economic growth, fostering employment, and enhancing people’s livelihoods. However, despite their significant and extensive organizational structures, only a fraction of these companies have established internal control systems, and even fewer possess robust ones. Building upon this premise and considering the prevailing circumstances of SMEs, this paper undertakes an empirical analysis of monetary fund management within this sector. It delves into the operational intricacies, exploring how monetary funds should be effectively implemented to ensure their safety and integrity. Furthermore, it proposes viable strategies to enhance the circulation efficiency of monetary funds, thereby maximizing benefits for enterprises. Addressing these challenges is crucial for SME managers striving to achieve sustainable profit growth and navigate the complexities of financial management.","PeriodicalId":310426,"journal":{"name":"Proceedings of Business and Economic Studies","volume":"2 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140092677","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Considering the growing prominence of global environmental issues, a low-carbon economy has emerged as a crucial direction for economic development across various countries. As the world’s second-largest economy, China has also witnessed the influence of a low-carbon economy on its international trade development. This article aims to commence with an exploration of the development background, meaning, and significance of a low-carbon economy. Subsequently, it delves into an in-depth analysis of the impact that a low-carbon economy has on China’s international trade. The article concludes by proposing pertinent countermeasures and suggestions.
{"title":"Research on the Impact of Low Carbon Economy on China’s Foreign Trade","authors":"Lijuan Liu, Na Yao","doi":"10.26689/pbes.v6i6.5808","DOIUrl":"https://doi.org/10.26689/pbes.v6i6.5808","url":null,"abstract":"Considering the growing prominence of global environmental issues, a low-carbon economy has emerged as a crucial direction for economic development across various countries. As the world’s second-largest economy, China has also witnessed the influence of a low-carbon economy on its international trade development. This article aims to commence with an exploration of the development background, meaning, and significance of a low-carbon economy. Subsequently, it delves into an in-depth analysis of the impact that a low-carbon economy has on China’s international trade. The article concludes by proposing pertinent countermeasures and suggestions.","PeriodicalId":310426,"journal":{"name":"Proceedings of Business and Economic Studies","volume":"21 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139152215","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This extensive and comprehensive study delves into the intricate dynamics of generational responses to innovative marketing strategies within the dynamic landscape of the Chinese consumer market. Given China’s rapid economic growth and technological advancements, it has become imperative for businesses and marketers to grasp how different generations engage with marketing innovations. This study encompasses Baby Boomers, Generation X, Millennials, and Generation Z, each shaped by unique life experiences and societal contexts, resulting in distinct preferences and behaviors. Furthermore, the study offers a thorough analysis of how diverse generations in China interact with and respond to innovative marketing strategies, providing academic researchers and businesses operating in the rapidly evolving Chinese consumer marketing landscape with actionable insights. Understanding these generational dynamics is crucial for developing marketing strategies that resonate with diverse generational segments and harnessing the power of technology to connect with consumers across all age groups. The dynamic landscape is further enriched by the proliferation of digital technologies, social media platforms, and e-commerce ecosystems. This study scrutinizes how these generational cohorts interact with innovation in marketing, considering preferences, technological adoption patterns, cultural influences, and attitudes toward trust and privacy. Additionally, it examines generational disparities in marketing channel preferences, offering valuable insights for companies aiming to tailor their marketing strategies to effectively engage diverse generational segments in China. Importantly, this research underscores the strategic significance of understanding generational differences in marketing innovation adoption. It emphasizes that this knowledge is not solely an academic pursuit but rather a critical necessity for companies seeking to thrive in one of the most competitive consumer markets globally. By acknowledging and responding to the distinct preferences and behaviors of various generational cohorts, businesses can forge meaningful connections, optimize return on investment, and adeptly navigate the evolving consumer landscape.
{"title":"Generational Dynamics of Innovation Adoption in Chinese Consumer Markets: A Comprehensive Analysis","authors":"Li Wang","doi":"10.26689/pbes.v6i6.5693","DOIUrl":"https://doi.org/10.26689/pbes.v6i6.5693","url":null,"abstract":"This extensive and comprehensive study delves into the intricate dynamics of generational responses to innovative marketing strategies within the dynamic landscape of the Chinese consumer market. Given China’s rapid economic growth and technological advancements, it has become imperative for businesses and marketers to grasp how different generations engage with marketing innovations. This study encompasses Baby Boomers, Generation X, Millennials, and Generation Z, each shaped by unique life experiences and societal contexts, resulting in distinct preferences and behaviors. Furthermore, the study offers a thorough analysis of how diverse generations in China interact with and respond to innovative marketing strategies, providing academic researchers and businesses operating in the rapidly evolving Chinese consumer marketing landscape with actionable insights. Understanding these generational dynamics is crucial for developing marketing strategies that resonate with diverse generational segments and harnessing the power of technology to connect with consumers across all age groups. The dynamic landscape is further enriched by the proliferation of digital technologies, social media platforms, and e-commerce ecosystems. This study scrutinizes how these generational cohorts interact with innovation in marketing, considering preferences, technological adoption patterns, cultural influences, and attitudes toward trust and privacy. Additionally, it examines generational disparities in marketing channel preferences, offering valuable insights for companies aiming to tailor their marketing strategies to effectively engage diverse generational segments in China. Importantly, this research underscores the strategic significance of understanding generational differences in marketing innovation adoption. It emphasizes that this knowledge is not solely an academic pursuit but rather a critical necessity for companies seeking to thrive in one of the most competitive consumer markets globally. By acknowledging and responding to the distinct preferences and behaviors of various generational cohorts, businesses can forge meaningful connections, optimize return on investment, and adeptly navigate the evolving consumer landscape.","PeriodicalId":310426,"journal":{"name":"Proceedings of Business and Economic Studies","volume":"12 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139158653","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
As a crucial supervisory department overseeing economic operations, the audit department plays a pivotal role in safeguarding the healthy development of the country’s economy, exposing corruption, and effectively maintaining social and economic peace and stability. The work of auditing involves detecting existing issues, providing remedies, and consistently contributing to national governance. However, as the market economic environment undergoes continuous changes, legal systems advance, and the audit environment becomes more complex, audit risks have gradually gained prominence. The prevention of audit risks has increasingly captured the attention of audit agencies at all levels. This necessitates audit institutions to continually adapt to new challenges, comprehend risks, and exert effective control over them. This article delves into the causes of audit risks, exploring ways to effectively identify and respond to these risks within a complex and ever-changing environment. The objective is to ensure the objectivity and accuracy of audit reports, allowing the audit function to truly serve as an “immune” system, protecting public interests.
{"title":"A Brief Discussion of Audit Risks and Their Causes","authors":"Zhihua Xie","doi":"10.26689/pbes.v6i6.5880","DOIUrl":"https://doi.org/10.26689/pbes.v6i6.5880","url":null,"abstract":"As a crucial supervisory department overseeing economic operations, the audit department plays a pivotal role in safeguarding the healthy development of the country’s economy, exposing corruption, and effectively maintaining social and economic peace and stability. The work of auditing involves detecting existing issues, providing remedies, and consistently contributing to national governance. However, as the market economic environment undergoes continuous changes, legal systems advance, and the audit environment becomes more complex, audit risks have gradually gained prominence. The prevention of audit risks has increasingly captured the attention of audit agencies at all levels. This necessitates audit institutions to continually adapt to new challenges, comprehend risks, and exert effective control over them. This article delves into the causes of audit risks, exploring ways to effectively identify and respond to these risks within a complex and ever-changing environment. The objective is to ensure the objectivity and accuracy of audit reports, allowing the audit function to truly serve as an “immune” system, protecting public interests.","PeriodicalId":310426,"journal":{"name":"Proceedings of Business and Economic Studies","volume":"44 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139165307","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
China should prioritize the establishment and enhancement of a third-party funding system. It should actively refine the existing arbitration rules, addressing any loopholes in the current regulatory framework. Comprehensive measures should be implemented to regulate third-party funding, aligning with international trends. This is crucial not only to safeguard the foreign investment of the Chinese government and enterprises but also to position China as a globally influential arbitration center.
{"title":"Strategies for China’s Response to and Improvement of Third-Party Funding in International Investment Arbitration","authors":"Na Yao, Lijuan Liu, Lili Cheng","doi":"10.26689/pbes.v6i6.5717","DOIUrl":"https://doi.org/10.26689/pbes.v6i6.5717","url":null,"abstract":"China should prioritize the establishment and enhancement of a third-party funding system. It should actively refine the existing arbitration rules, addressing any loopholes in the current regulatory framework. Comprehensive measures should be implemented to regulate third-party funding, aligning with international trends. This is crucial not only to safeguard the foreign investment of the Chinese government and enterprises but also to position China as a globally influential arbitration center.","PeriodicalId":310426,"journal":{"name":"Proceedings of Business and Economic Studies","volume":"88 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139163245","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Haichen Ding, Xuehua Lin, Ping Yu, Lingfan Zhang, Qinjing Fan
For a considerable duration, the traditional dairy product market in China has been dominated by a dual oligopoly, primarily led by Mengniu and Yili. Regional brands such as Guangming, Junlebao, and Sanyuan have engaged in staggered competition, contributing to a pattern of feudal separatism among local brands. AY Group, positioned as a significant independent player in the China dairy industry, has strategically extended its reach downstream in the supply chain, establishing the consumer brand AY Field. Despite possessing a robust advantage in self-owned ranches and delivering high-quality products, AY Field grapples with challenges related to unclear market positioning and low brand awareness among final consumers. This study employs a SWOT analysis to delve into identifying a market positioning strategy that best suits the AY Field brand. The research reveals that the current dynamics of competition in the dairy industry market are predominantly concentrated in the high-end and low-end segments, leaving a noticeable gap in the middle market. Leveraging the natural, high-quality, and competitively priced attributes of AY Field milk, the recommended market position involves supplying ambient liquid milk that aligns with the consumption habits of young individuals and office workers. This strategic positioning aims to offer high-quality products at moderate prices, addressing the specific needs of the identified consumer demographic.
在相当长的时期内，中国的传统乳制品市场一直由以蒙牛和伊利为首的双寡头垄断。光明、君乐宝、三元等区域品牌错位竞争，形成了地方品牌之间的封建割据格局。AY集团作为中国乳业重要的独立企业，战略性地向供应链下游延伸，建立了消费者品牌AY田园。尽管在自营牧场和提供高品质产品方面拥有强大优势，但AY Field仍面临着市场定位不明确、最终消费者对品牌认知度低等挑战。本研究采用 SWOT 分析法，深入探讨最适合 AY Field 品牌的市场定位战略。研究显示，目前乳制品行业市场的竞争态势主要集中在高端和低端市场，中间市场存在明显差距。建议的市场定位是，利用 AY Field 牛奶天然、优质、价格具有竞争力的特点，供应符合年轻人和上班族消费习惯的常温液态奶。这一战略定位旨在以适中的价格提供优质产品，满足所确定的消费人群的特定需求。
{"title":"Positioning Analysis of AY Field Brand","authors":"Haichen Ding, Xuehua Lin, Ping Yu, Lingfan Zhang, Qinjing Fan","doi":"10.26689/pbes.v6i6.5694","DOIUrl":"https://doi.org/10.26689/pbes.v6i6.5694","url":null,"abstract":"For a considerable duration, the traditional dairy product market in China has been dominated by a dual oligopoly, primarily led by Mengniu and Yili. Regional brands such as Guangming, Junlebao, and Sanyuan have engaged in staggered competition, contributing to a pattern of feudal separatism among local brands. AY Group, positioned as a significant independent player in the China dairy industry, has strategically extended its reach downstream in the supply chain, establishing the consumer brand AY Field. Despite possessing a robust advantage in self-owned ranches and delivering high-quality products, AY Field grapples with challenges related to unclear market positioning and low brand awareness among final consumers. This study employs a SWOT analysis to delve into identifying a market positioning strategy that best suits the AY Field brand. The research reveals that the current dynamics of competition in the dairy industry market are predominantly concentrated in the high-end and low-end segments, leaving a noticeable gap in the middle market. Leveraging the natural, high-quality, and competitively priced attributes of AY Field milk, the recommended market position involves supplying ambient liquid milk that aligns with the consumption habits of young individuals and office workers. This strategic positioning aims to offer high-quality products at moderate prices, addressing the specific needs of the identified consumer demographic.","PeriodicalId":310426,"journal":{"name":"Proceedings of Business and Economic Studies","volume":"107 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139164986","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In recent years, internet finance has garnered increasing attention from the public. Online lending, emerging within the framework of Internet finance as a pivotal component, has witnessed substantial growth. While online credit, within the realm of Internet finance, presents numerous advantages over traditional lending, it concurrently exposes a plethora of credit risk issues. This study aims to facilitate the effective utilization of online credit tools by the young generation within the context of Internet finance. Additionally, it seeks to ensure the overall stability of the Internet finance environment and mitigate risks for the youth. Given the significance of understanding credit risk management for college students in the age of internet finance, this paper adopts the logistic model to evaluate credit risk in internet consumer finance and provides pertinent recommendations from the perspective of the young generation.
{"title":"Understanding Credit Risk in Internet Consumer Finance: An Empirical Analysis with a Focus on the Young Generation","authors":"Xiaodan Wang","doi":"10.26689/pbes.v6i6.5503","DOIUrl":"https://doi.org/10.26689/pbes.v6i6.5503","url":null,"abstract":"In recent years, internet finance has garnered increasing attention from the public. Online lending, emerging within the framework of Internet finance as a pivotal component, has witnessed substantial growth. While online credit, within the realm of Internet finance, presents numerous advantages over traditional lending, it concurrently exposes a plethora of credit risk issues. This study aims to facilitate the effective utilization of online credit tools by the young generation within the context of Internet finance. Additionally, it seeks to ensure the overall stability of the Internet finance environment and mitigate risks for the youth. Given the significance of understanding credit risk management for college students in the age of internet finance, this paper adopts the logistic model to evaluate credit risk in internet consumer finance and provides pertinent recommendations from the perspective of the young generation.","PeriodicalId":310426,"journal":{"name":"Proceedings of Business and Economic Studies","volume":"13 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139163934","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The development of society and the advancement of science and technology have led to the widespread integration of digital transformation in the field of education. However, the current establishment of green schools faces various challenges, including non-environmental building facilities, high renovation costs, low organizational management efficiency, high energy consumption, outdated office tools, and insufficient environmental awareness among teachers and students. Through thorough research and analysis, it becomes evident that digital technology can play a pivotal role in addressing these challenges and contribute to all aspects of green school establishment. The incorporation of digital thinking concepts is essential for the construction of ecologically civilized campuses and inclusive innovation. The process of digital design and transformation proves instrumental in optimizing both software and hardware facilities within the campus, thereby reducing energy consumption. Simultaneously, comprehensive digital teaching management enhances overall efficiency in management and service delivery. Innovative digital teaching and learning models emerge as transformative tools, providing new avenues to create low-carbon, green classrooms for both teachers and students. By exploring the application of digital transformation in establishing green schools and examining the resulting spillover effects, valuable insights can be gained. These insights, in turn, serve as reference points for building diversified digital technology paths on campus and fostering the creation of green schools.
{"title":"Research on the Spillover Effects of Digital Transformation on the Sustainable Growth of Green Schools","authors":"Yiting Qiu, Qiuhua Chen, Poh Soon Joseph Ng","doi":"10.26689/pbes.v6i6.5749","DOIUrl":"https://doi.org/10.26689/pbes.v6i6.5749","url":null,"abstract":"The development of society and the advancement of science and technology have led to the widespread integration of digital transformation in the field of education. However, the current establishment of green schools faces various challenges, including non-environmental building facilities, high renovation costs, low organizational management efficiency, high energy consumption, outdated office tools, and insufficient environmental awareness among teachers and students. Through thorough research and analysis, it becomes evident that digital technology can play a pivotal role in addressing these challenges and contribute to all aspects of green school establishment. The incorporation of digital thinking concepts is essential for the construction of ecologically civilized campuses and inclusive innovation. The process of digital design and transformation proves instrumental in optimizing both software and hardware facilities within the campus, thereby reducing energy consumption. Simultaneously, comprehensive digital teaching management enhances overall efficiency in management and service delivery. Innovative digital teaching and learning models emerge as transformative tools, providing new avenues to create low-carbon, green classrooms for both teachers and students. By exploring the application of digital transformation in establishing green schools and examining the resulting spillover effects, valuable insights can be gained. These insights, in turn, serve as reference points for building diversified digital technology paths on campus and fostering the creation of green schools.","PeriodicalId":310426,"journal":{"name":"Proceedings of Business and Economic Studies","volume":"123 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139165851","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Yingying Zhou, Ning Yang, Panpan Meng, Xiaoqian Jing, Fengran Lu
The report from the 20th National Congress of China emphasizes the importance of focusing on the clean, low-carbon, and efficient use of energy, increasing financial support, and promoting green upgrading within the industrial sector. This paper, based on annual data, employs the entropy weight method to construct a comprehensive index reflecting the impact of green upgrading in industrial sectors. To delve deeper, it utilizes the DEA model to measure energy efficiency and its subdivision BCC model to break down energy efficiency into technical and scale efficiency. The financial support landscape is examined from the vantage points of both direct and indirect financing. Using a multivariate time series model, this paper thoroughly investigates the influence of energy efficiency and financial support on the green upgrading of the industrial sector. The findings reveal a significant positive impact of both energy efficiency and financial support on green upgrading in industrial industries. Notably, scale efficiency emerges as the primary driver of energy efficiency. Moreover, indirect financing proves to be more effective in promoting financial support than direct financing. The empirical results retain their robustness even after substituting explanatory variables. The study concludes by contextualizing the research findings within the current real-world scenario, offering practical insights, and proposing specific recommendations.
中国第二十次全国代表大会报告强调，要以能源清洁低碳高效利用为重点，加大财政支持力度，推动工业领域绿色升级。本文基于年度数据，采用熵权法构建了反映工业领域绿色升级影响的综合指数。为了深入研究，本文利用 DEA 模型来衡量能源效率，并利用其细分 BCC 模型将能源效率分解为技术效率和规模效率。本报告从直接融资和间接融资两个角度考察了金融支持情况。本文采用多元时间序列模型，深入研究了能效和金融支持对工业部门绿色升级的影响。研究结果表明，能效和金融支持对工业产业的绿色升级都有显著的积极影响。值得注意的是，规模效率是能源效率的主要驱动力。此外，间接融资比直接融资更能有效促进金融支持。即使在替换了解释变量后，实证结果仍然保持稳健。研究最后将研究结果与当前的现实情况相结合，提出了切实可行的见解，并提出了具体建议。
{"title":"Impact of Energy Efficiency and Financial Support on Green Upgrading in China’s Industrial Sector","authors":"Yingying Zhou, Ning Yang, Panpan Meng, Xiaoqian Jing, Fengran Lu","doi":"10.26689/pbes.v6i6.5733","DOIUrl":"https://doi.org/10.26689/pbes.v6i6.5733","url":null,"abstract":"The report from the 20th National Congress of China emphasizes the importance of focusing on the clean, low-carbon, and efficient use of energy, increasing financial support, and promoting green upgrading within the industrial sector. This paper, based on annual data, employs the entropy weight method to construct a comprehensive index reflecting the impact of green upgrading in industrial sectors. To delve deeper, it utilizes the DEA model to measure energy efficiency and its subdivision BCC model to break down energy efficiency into technical and scale efficiency. The financial support landscape is examined from the vantage points of both direct and indirect financing. Using a multivariate time series model, this paper thoroughly investigates the influence of energy efficiency and financial support on the green upgrading of the industrial sector. The findings reveal a significant positive impact of both energy efficiency and financial support on green upgrading in industrial industries. Notably, scale efficiency emerges as the primary driver of energy efficiency. Moreover, indirect financing proves to be more effective in promoting financial support than direct financing. The empirical results retain their robustness even after substituting explanatory variables. The study concludes by contextualizing the research findings within the current real-world scenario, offering practical insights, and proposing specific recommendations.","PeriodicalId":310426,"journal":{"name":"Proceedings of Business and Economic Studies","volume":"36 28","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139164899","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：