低碳供应链金融融资策略研究  

Research on Financing Strategy of Low Carbon Supply Chain

作　　者：乔毅 马骋 QIAO Yi;MA Cheng(School of Business,Qingdao University,Qingdao 266000,China)

机构地区：[1]青岛大学商学院管理科学与工程系,青岛266000

出　　处：《青岛大学学报（自然科学版）》2020年第4期115-124,131,共11页Journal of Qingdao University(Natural Science Edition)

基　　金：国家自然科学基金(批准号:11401331)资助;教育部人文社科基金(批准号:18YJC630119)资助。

摘　　要：针对当前消费者对低碳产品的需求越来越高,以及某些中小企业面临资金紧张、短缺等问题,采用了两种融资机制来鼓励制造商进行碳减排投资,即下游零售商在一定的付款期限内向上游制造商进行提前付款模型(AP模型)和下游零售商与银行合作并鼓励银行向制造商提供贷款的反向保理模型(RF模型)。探讨了在两种融资机制下制造商和零售商的均衡融资策略。研究结果表明:AP和RF模型都可以通过缩短付款期限来鼓励制造商提高产品的碳减排水平和效率;与AP模型相比,RF模型在制造商的碳减排投资以及供应链的整体效率方面带来更大的改善;在RF模式中,刻画了帕累托最优状态的条件,数值结果验证了理论的正确性和有效性。In view of the current increasing consumer demand for low-carbon products,as well as some small and medium-sized enterprises facing capital shortages and shortages,this article is considered two financing mechanisms to encourage manufacturers to invest in carbon emission reduction,one is downstream retail AP model in which the supplier pays upstream manufacturers in advance within a certain payment period;the other is the RF model of reverse factoring in which downstream retailers cooperate with banks and encourage banks to provide loans to manufacturers.Each financing mechanism is discussed under the balanced strategy of manufacturers and retailers.The study found that both AP and RF models can encourage manufacturers to improve the level and efficiency of carbon emission reduction of products by shortening the payment period,and increase consumer demand;compared with the AP model,the RF model can invest in carbon emission reduction of manufacturers And the overall efficiency of the supply chain has brought greater improvement;In RF mode,the condition of Pareto optimal state is described.Numerical results verify the correctness and effectiveness of the theory.

关 键 词：供应链 碳减排 付款条件 提前支付 反向保理 

分 类 号：F272[经济管理—企业管理]