Sustainable Performance Analysis of Power Supply Chain System from the Perspective of Technology and Management

The power industry is an important strategic industry that has effectively advanced the rapid development of China’s economy. However, this rapid development has created significant environmental problems and does not support the sustainable development of the ecological environment and economy. Thi...

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Main Authors: Feihua Huang, Yue Du, Debao Hu, Bin Zhang
Format: Article
Language:English
Published: MDPI AG 2021-05-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/13/11/5972
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spelling doaj-6cafe5eac4c84f2e98a9d52b7673f09b2021-06-01T01:07:24ZengMDPI AGSustainability2071-10502021-05-01135972597210.3390/su13115972Sustainable Performance Analysis of Power Supply Chain System from the Perspective of Technology and ManagementFeihua Huang0Yue Du1Debao Hu2Bin Zhang3School of Business and Dongwu Think Tank, Soochow University, Suzhou 215021, ChinaSchool of Business and Dongwu Think Tank, Soochow University, Suzhou 215021, ChinaDepartment of Finance and Business Management, International College, Renmin University of China, Beijing 100872, ChinaCentre of Chinese Urbanization Studies & School of Business, Soochow University, Suzhou 215012, ChinaThe power industry is an important strategic industry that has effectively advanced the rapid development of China’s economy. However, this rapid development has created significant environmental problems and does not support the sustainable development of the ecological environment and economy. This study evaluated and analyzed the sustainable performance of China’s inter-provincial power supply chain systems (PSCSs), and developed policy recommendations for further developing China’s power industry based on the research results. For PSCSs with internal subsystems, this study first developed a non-radial two-stage model, and proposed steps to solve the model; then, this study applied the proposed model to empirically analyze China’s inter-provincial PSCSs. The empirical analysis yielded the following key research findings. Firstly, for the study period, China’s power industry had a low overall performance, and PSCS performance varied significantly across different regions. Secondly, the average meta-frontier efficiency (ME) of PSCSs in high-income regions was the highest; the average ME of PSCSs in middle-income regions was the lowest. This is consistent with the environmental Kuznets curve hypothesis. Thirdly, this study found that the PSCSs had effective management and technical systems in Qinghai and Guangdong. The PSCSs in other regions need improvements to mitigate either inadequate management, inadequate technology, or both.https://www.mdpi.com/2071-1050/13/11/5972power supply chain systemsustainabilityinternal subsystemtechnology
collection DOAJ
language English
format Article
sources DOAJ
author Feihua Huang
Yue Du
Debao Hu
Bin Zhang
spellingShingle Feihua Huang
Yue Du
Debao Hu
Bin Zhang
Sustainable Performance Analysis of Power Supply Chain System from the Perspective of Technology and Management
Sustainability
power supply chain system
sustainability
internal subsystem
technology
author_facet Feihua Huang
Yue Du
Debao Hu
Bin Zhang
author_sort Feihua Huang
title Sustainable Performance Analysis of Power Supply Chain System from the Perspective of Technology and Management
title_short Sustainable Performance Analysis of Power Supply Chain System from the Perspective of Technology and Management
title_full Sustainable Performance Analysis of Power Supply Chain System from the Perspective of Technology and Management
title_fullStr Sustainable Performance Analysis of Power Supply Chain System from the Perspective of Technology and Management
title_full_unstemmed Sustainable Performance Analysis of Power Supply Chain System from the Perspective of Technology and Management
title_sort sustainable performance analysis of power supply chain system from the perspective of technology and management
publisher MDPI AG
series Sustainability
issn 2071-1050
publishDate 2021-05-01
description The power industry is an important strategic industry that has effectively advanced the rapid development of China’s economy. However, this rapid development has created significant environmental problems and does not support the sustainable development of the ecological environment and economy. This study evaluated and analyzed the sustainable performance of China’s inter-provincial power supply chain systems (PSCSs), and developed policy recommendations for further developing China’s power industry based on the research results. For PSCSs with internal subsystems, this study first developed a non-radial two-stage model, and proposed steps to solve the model; then, this study applied the proposed model to empirically analyze China’s inter-provincial PSCSs. The empirical analysis yielded the following key research findings. Firstly, for the study period, China’s power industry had a low overall performance, and PSCS performance varied significantly across different regions. Secondly, the average meta-frontier efficiency (ME) of PSCSs in high-income regions was the highest; the average ME of PSCSs in middle-income regions was the lowest. This is consistent with the environmental Kuznets curve hypothesis. Thirdly, this study found that the PSCSs had effective management and technical systems in Qinghai and Guangdong. The PSCSs in other regions need improvements to mitigate either inadequate management, inadequate technology, or both.
topic power supply chain system
sustainability
internal subsystem
technology
url https://www.mdpi.com/2071-1050/13/11/5972
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