Comparative Analysis of Government Subsidy Policies in a Dynamic Green Supply Chain Considering Consumers Preference

Governments formulate different subsidy policies to incentivize manufacturers to produce green products, and these policies may have different subsidy effects. The purpose of this study is to compare and analyze the dynamic effects of different subsidy policies to the manufacturer in a green supply...

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Autores principales:	Chao Lu, Weilai Huang, Haifang Cheng
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	green supply chain government subsidy green degree differential game consumers preference Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/798b45f246bb4f1eb81627363b3371ec
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spelling	oai:doaj.org-article:798b45f246bb4f1eb81627363b3371ec2021-11-11T19:21:48ZComparative Analysis of Government Subsidy Policies in a Dynamic Green Supply Chain Considering Consumers Preference10.3390/su1321116012071-1050https://doaj.org/article/798b45f246bb4f1eb81627363b3371ec2021-10-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/11601https://doaj.org/toc/2071-1050Governments formulate different subsidy policies to incentivize manufacturers to produce green products, and these policies may have different subsidy effects. The purpose of this study is to compare and analyze the dynamic effects of different subsidy policies to the manufacturer in a green supply chain composed of a manufacturer and a retailer. Three differential game models, considering the consumers preference, are established under three subsidy policies, and the corresponding optimal equilibrium strategies of the supply chain members are analyzed. An example is used to compare the effects of the three policies under the equal government subsidy expenditure. The study finds that the rankings of indexes to evaluate steady-state subsidy effects under the different subsidy policies are time invariant, and the government can preliminarily evaluate these policies according to different subsidy goals. The rankings of indexes to evaluate phased subsidy effects under these policies are time varying. If both subsidy effects and subsidy efficiencies in steady state are taken into account, the optimal selection paths of subsidy policies in the whole period can be obtained. The subsidy effects of the same policy are amplified under the condition of equal steady-state subsidy expenditure, but the rankings of effect indexes under the different subsidy policies are not affected.Chao LuWeilai HuangHaifang ChengMDPI AGarticlegreen supply chaingovernment subsidygreen degreedifferential gameconsumers preferenceEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 11601, p 11601 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	green supply chain government subsidy green degree differential game consumers preference Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	green supply chain government subsidy green degree differential game consumers preference Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Chao Lu Weilai Huang Haifang Cheng Comparative Analysis of Government Subsidy Policies in a Dynamic Green Supply Chain Considering Consumers Preference
description	Governments formulate different subsidy policies to incentivize manufacturers to produce green products, and these policies may have different subsidy effects. The purpose of this study is to compare and analyze the dynamic effects of different subsidy policies to the manufacturer in a green supply chain composed of a manufacturer and a retailer. Three differential game models, considering the consumers preference, are established under three subsidy policies, and the corresponding optimal equilibrium strategies of the supply chain members are analyzed. An example is used to compare the effects of the three policies under the equal government subsidy expenditure. The study finds that the rankings of indexes to evaluate steady-state subsidy effects under the different subsidy policies are time invariant, and the government can preliminarily evaluate these policies according to different subsidy goals. The rankings of indexes to evaluate phased subsidy effects under these policies are time varying. If both subsidy effects and subsidy efficiencies in steady state are taken into account, the optimal selection paths of subsidy policies in the whole period can be obtained. The subsidy effects of the same policy are amplified under the condition of equal steady-state subsidy expenditure, but the rankings of effect indexes under the different subsidy policies are not affected.
format	article
author	Chao Lu Weilai Huang Haifang Cheng
author_facet	Chao Lu Weilai Huang Haifang Cheng
author_sort	Chao Lu
title	Comparative Analysis of Government Subsidy Policies in a Dynamic Green Supply Chain Considering Consumers Preference
title_short	Comparative Analysis of Government Subsidy Policies in a Dynamic Green Supply Chain Considering Consumers Preference
title_full	Comparative Analysis of Government Subsidy Policies in a Dynamic Green Supply Chain Considering Consumers Preference
title_fullStr	Comparative Analysis of Government Subsidy Policies in a Dynamic Green Supply Chain Considering Consumers Preference
title_full_unstemmed	Comparative Analysis of Government Subsidy Policies in a Dynamic Green Supply Chain Considering Consumers Preference
title_sort	comparative analysis of government subsidy policies in a dynamic green supply chain considering consumers preference
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/798b45f246bb4f1eb81627363b3371ec
work_keys_str_mv	AT chaolu comparativeanalysisofgovernmentsubsidypoliciesinadynamicgreensupplychainconsideringconsumerspreference AT weilaihuang comparativeanalysisofgovernmentsubsidypoliciesinadynamicgreensupplychainconsideringconsumerspreference AT haifangcheng comparativeanalysisofgovernmentsubsidypoliciesinadynamicgreensupplychainconsideringconsumerspreference
_version_	1718431534623490048

Comparative Analysis of Government Subsidy Policies in a Dynamic Green Supply Chain Considering Consumers Preference

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