Green Supply Chain Financing Strategies Considering Manufacturer's Capital Constraint
In view of the manufacturer's capital constraint in green supply chain,two financing strategies are proposed:bank loan financing and advance payment financing.The game models under different financing strategies are established,and the optimal product green degree,manufacturer's profit and retailer's profit are determined as well.The impact of the change of the cost coefficient of green innovation,consumer's green awareness,bank loan and advance payment interest rate on manufacturer's financing strategy selection are analyzed,and theoretical analysis and numerical simulation are carried out.It is shown that the increase of green innovation cost coefficient and interest rate will have a negative impact on the benefits of both manufacturers and retailers in green supply chain,while the increase of consumers'green awareness will have a positive impact on them.In addition,when advance payment interest rate is greater than the maximum equilibrium interest rate,the bank loan financing strategy is the manufacturer's optimal financing strategy,otherwise advance payment financing strategy is the manufacturer's optimal financing strategy,and when the interest rate is 0,the benefits of manufacturers and retailers reach the optimal state.
green supply chaincapital constraintfinancing strategyproduct greennessStackelberg game
万方数据
维普
