IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v78y2022ics0301420722003592.html
   My bibliography  Save this article

Measuring the coordination decision of renewable energy as a natural resource contracts based on rights structure and corporate social responsibility from economic recovery

Author

Listed:
  • Liu, Hongda
  • Huang, Feipeng
  • Huang, Jialiang

Abstract

With the rapid development of the times, changes in the manufacturing environment, and the migration of consumers' green consumption awareness, the green product market has expanded, leading to economic recovery. Furthermore, the regulation of the internal status of supply chain subjects causes different rights structures to dominate the market and change on a regular basis. This paper considers manufacturers and service providers of renewable energy products as the research objects and considers the mechanism of product renewability and green finance level. Profit models of renewable energy supply chain members are constructed under various rights structures and CSR-bearing subjects, and optimal decisions under various decision models are analyzed. It is discovered that whether the manufacturer or the service provider engages in CSR, the superiority and inferiority ranking of the three different rights structures will differ depending on the degree to which they engage in CSR. And the conclusion is that when a subject dominates a market, its profit is also maximized. Positive contractual coordination actions by both retailers and manufacturers will drive renewable energy quality. Green finance and green economic growth are becoming increasingly popular. Through contractual coordination, both parties will achieve Pareto improvements.

Suggested Citation

  • Liu, Hongda & Huang, Feipeng & Huang, Jialiang, 2022. "Measuring the coordination decision of renewable energy as a natural resource contracts based on rights structure and corporate social responsibility from economic recovery," Resources Policy, Elsevier, vol. 78(C).
  • Handle: RePEc:eee:jrpoli:v:78:y:2022:i:c:s0301420722003592
    DOI: 10.1016/j.resourpol.2022.102915
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420722003592
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.resourpol.2022.102915?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ma, Peng & Wang, Haiyan & Shang, Jennifer, 2013. "Supply chain channel strategies with quality and marketing effort-dependent demand," International Journal of Production Economics, Elsevier, vol. 144(2), pages 572-581.
    2. Korkmaz Yildirim & Murat Onder, 2019. "Collaborative Role of Metropolitan Municipalities in Local Climate Protection Governance Strategies: The Case of Turkish Metropolitan Cities," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 21(02), pages 1-23, June.
    3. Zhang, Dongyang & Mohsin, Muhammad & Rasheed, Abdul Khaliq & Chang, Youngho & Taghizadeh-Hesary, Farhad, 2021. "Public spending and green economic growth in BRI region: Mediating role of green finance," Energy Policy, Elsevier, vol. 153(C).
    4. Agyekum, Ephraim Bonah & Amjad, Fahd & Mohsin, Muhammad & Ansah, Michael Nii Sanka, 2021. "A bird's eye view of Ghana's renewable energy sector environment: A Multi-Criteria Decision-Making approach," Utilities Policy, Elsevier, vol. 70(C).
    5. Chiou-Wei, Song Zan & Chen, Ching-Fu & Zhu, Zhen, 2008. "Economic growth and energy consumption revisited -- Evidence from linear and nonlinear Granger causality," Energy Economics, Elsevier, vol. 30(6), pages 3063-3076, November.
    6. Philip J. Reny, 2020. "Nash Equilibrium in Discontinuous Games," Annual Review of Economics, Annual Reviews, vol. 12(1), pages 439-470, August.
    7. Muhammad Mohsin & Han Phoumin & Ik Joong Youn & Farhad Taghizadeh-Hesary, 2021. "Enhancing Energy and Environmental Efficiency in the Power Sectors: A Case Study of Singapore and China," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 23(03n04), pages 1-26, December.
    8. Farhad Taghizadeh-Hesary & Farzad Taghizadeh-Hesary, 2020. "The Impacts of Air Pollution on Health and Economy in Southeast Asia," Energies, MDPI, vol. 13(7), pages 1-15, April.
    9. Naoyuki Yoshino & Ehsan Rasoulinezhad & Farhad Taghizadeh-Hesary, 2021. "Economic Impacts of Carbon Tax in a General Equilibrium Framework: Empirical Study of Japan," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 23(01n02), pages 1-25, June.
    10. Farhad Taghizadeh-Hesary & Ehsan Rasoulinezhad & Naoyuki Yoshino & Youngho Chang & Farzad Taghizadeh-Hesary & Peter J. Morgan, 2021. "The Energy–Pollution–Health Nexus: A Panel Data Analysis Of Low- And Middle-Income Asian Countries," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 66(02), pages 435-455, March.
    11. Govindan, Kannan & Kaliyan, Mathiyazhagan & Kannan, Devika & Haq, A.N., 2014. "Barriers analysis for green supply chain management implementation in Indian industries using analytic hierarchy process," International Journal of Production Economics, Elsevier, vol. 147(PB), pages 555-568.
    12. Bachiller, Patricia & Boubaker, Sabri & Mefteh-Wali, Salma, 2021. "Financial derivatives and firm value: What have we learned?," Finance Research Letters, Elsevier, vol. 39(C).
    13. Farhad Taghizadeh-Hesary & Naoyuki Yoshino, 2020. "Sustainable Solutions for Green Financing and Investment in Renewable Energy Projects," Energies, MDPI, vol. 13(4), pages 1-18, February.
    14. Nyandaro Mteki & Takehiko Murayama & Shigeo Nishikizawa, 2019. "Adaptation Strategies and Constraints of a Displaced Population in Tanzania: The Case of an Airport Expansion Project," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 21(02), pages 1-24, June.
    15. Yande Gong & Mengze Chen & Yuliang Zhuang, 2019. "Decision-Making and Performance Analysis of Closed-Loop Supply Chain under Different Recycling Modes and Channel Power Structures," Sustainability, MDPI, vol. 11(22), pages 1-26, November.
    16. Hsu, Ching-Chi & Ngo, Quang-Thanh & Chien, FengSheng & Li, Li & Mohsin, Muhammad, 2021. "Evaluating green innovation and performance of financial development: mediating concerns of environmental regulation," MPRA Paper 109671, University Library of Munich, Germany.
    17. Ipek Kazancoglu & Muhittin Sagnak & Sachin Kumar Mangla & Yigit Kazancoglu, 2021. "Circular economy and the policy: A framework for improving the corporate environmental management in supply chains," Business Strategy and the Environment, Wiley Blackwell, vol. 30(1), pages 590-608, January.
    18. Ghosh, Debabrata & Shah, Janat, 2012. "A comparative analysis of greening policies across supply chain structures," International Journal of Production Economics, Elsevier, vol. 135(2), pages 568-583.
    19. Ding, Huiping & Fu, Yanan & Zheng, Lucy & Yan, Zhu, 2019. "Determinants of the competitive advantage of dairy supply chains: Evidence from the Chinese dairy industry," International Journal of Production Economics, Elsevier, vol. 209(C), pages 360-373.
    20. Hongda Liu & Pinbo Yao & Xiaoxia Wang & Jialiang Huang & Liying Yu, 2021. "Research on the Peer Behavior of Local Government Green Governance Based on SECI Expansion Model," Land, MDPI, vol. 10(5), pages 1-26, May.
    21. Felicity Swanepoel & Francois Retief & Alan Bond & Jenny Pope & Angus Morrison-Saunders & Morgan Houptfleisch & Monica Fundingsland, 2019. "Explanations for the Quality of Biodiversity Inputs to Environmental Impact Assessment (EIA) in Areas with High Biodiversity Value," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 21(02), pages 1-30, June.
    22. Mohamad Kaakeh & Sabina Sheherbano Shirazi & Korhan K. Gokmenoglu, 2021. "The Extended GREEN-A Framework: A Gender Comparison in Consumer Support for Sustainable Businesses Practices," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 23(01n02), pages 1-30, June.
    23. Li, Weiqing & Chien, Fengsheng & Hsu, Ching-Chi & Zhang, YunQian & Nawaz, Muhammad Atif & Iqbal, Sajid & Mohsin, Muhammad, 2021. "Nexus between energy poverty and energy efficiency: Estimating the long-run dynamics," Resources Policy, Elsevier, vol. 72(C).
    24. Demetriades, Panicos O. & Rewilak, Johan M., 2020. "Recovering the finance-growth nexus," Economics Letters, Elsevier, vol. 196(C).
    25. Guanbing Zhao & Yangyang Qiu & Muhammad Imran & Fazal Manan & Lei Xie, 2021. "Customer Knowledge Enabled Innovation: Analyzing Pricing-Promotion Coordination Mechanism," Complexity, Hindawi, vol. 2021, pages 1-11, June.
    26. Aminatou Kemajou Pofoura & Huaping Sun & Isaac Adjei Mensah & Fengqin Liu, 2021. "How does Eco-Innovation Affect CO2 Emissions? Evidence from Sub-Saharan Africa," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 23(03n04), pages 1-32, December.
    27. Taghizadeh-Hesary, Farhad & Yoshino, Naoyuki, 2019. "The way to induce private participation in green finance and investment," Finance Research Letters, Elsevier, vol. 31(C), pages 98-103.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tan, Hua & Iqbal, Nadeem & Wu, Zhengzhong, 2022. "Evaluating the impact of stakeholder engagement for renewable energy sources and economic growth for CO2 emission," Renewable Energy, Elsevier, vol. 198(C), pages 999-1007.
    2. Ma, Cong & Cheok, Mui Yee, 2022. "The impact of financing role and organizational culture in small and medium enterprises: Developing business strategies for economic recovery," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 26-38.
    3. Bai, Xiao & Wang, Kuan-Ting & Tran, Trung Kien & Sadiq, Muhammad & Trung, Lam Minh & Khudoykulov, Khurshid, 2022. "Measuring China’s green economic recovery and energy environment sustainability: Econometric analysis of sustainable development goals," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 768-779.
    4. Zhang, Yong & Liu, Zhen & Baloch, Zulfiqar Ali, 2022. "Combining effects of private participation and green finance for renewable energy: Growth of economy as mediating tool," Renewable Energy, Elsevier, vol. 195(C), pages 1028-1036.
    5. Fan, Qiuyan & Hajiyeva, Aytan Merdan, 2022. "Nexus between energy efficiency finance and renewable energy development: Empirical evidence from G-7 economies," Renewable Energy, Elsevier, vol. 195(C), pages 1077-1086.
    6. Wei, Xiaobo & Mohsin, Muhammad & Zhang, Qiongxin, 2022. "Role of foreign direct investment and economic growth in renewable energy development," Renewable Energy, Elsevier, vol. 192(C), pages 828-837.
    7. Huang, Shi-Zheng, 2022. "Do green financing and industrial structure matter for green economic recovery? Fresh empirical insights from Vietnam," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 61-73.
    8. Hongsheng Zhang & Wen-Qi Luo & Shangzhao Yang & Jinna Yu, 2023. "Impact of Covid-19 on economic recovery: empirical analysis from China and global economies," Economic Change and Restructuring, Springer, vol. 56(1), pages 57-78, February.
    9. Lu, Qingchang & Farooq, Muhammad Umar & Ma, Xiaoyu & Iram, Robina, 2022. "Assessing the combining role of public-private investment as a green finance and renewable energy in carbon neutrality target," Renewable Energy, Elsevier, vol. 196(C), pages 1357-1365.
    10. Zhang, Ling & Berk Saydaliev, Hayot & Ma, Xiaoyu, 2022. "Does green finance investment and technological innovation improve renewable energy efficiency and sustainable development goals," Renewable Energy, Elsevier, vol. 193(C), pages 991-1000.
    11. Mohsin, Muhammad & Ullah, Hafeez & Iqbal, Nadeem & Iqbal, Wasim & Taghizadeh-Hesary, Farhad, 2021. "How external debt led to economic growth in South Asia: A policy perspective analysis from quantile regression," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 423-437.
    12. Zhen Liu & Trong Lam Vu & Thi Thu Hien Phan & Thanh Quang Ngo & Nguyen Ho Viet Anh & Ahmad Romadhoni Surya Putra, 2022. "Financial inclusion and green economic performance for energy efficiency finance," Economic Change and Restructuring, Springer, vol. 55(4), pages 2359-2389, November.
    13. Xu, Nuo & Kasimov, Ikboljon & Wang, Yanan, 2022. "Unlocking private investment as a new determinant of green finance for renewable development in China," Renewable Energy, Elsevier, vol. 198(C), pages 1121-1130.
    14. Ming Fang & Chiu-Lan Chang, 2022. "Nexus between fiscal imbalances, green fiscal spending, and green economic growth: empirical findings from E-7 economies," Economic Change and Restructuring, Springer, vol. 55(4), pages 2423-2443, November.
    15. Mohsin, Muhammad & Taghizadeh-Hesary, Farhad & Shahbaz, Muhammad, 2022. "Nexus between financial development and energy poverty in Latin America," Energy Policy, Elsevier, vol. 165(C).
    16. Zhang, Dongyang & Mohsin, Muhammad & Taghizadeh-Hesary, Farhad, 2022. "Does green finance counteract the climate change mitigation: Asymmetric effect of renewable energy investment and R&D," Energy Economics, Elsevier, vol. 113(C).
    17. Chang, Lei & Gan, Xiaojun & Mohsin, Muhammad, 2022. "Studying corporate liquidity and regulatory responses for economic recovery in COVID-19 crises," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 211-225.
    18. Zheng, Xiangjie, 2024. "Driving green transformation: Innovations and green innovations in natural resource markets," Resources Policy, Elsevier, vol. 89(C).
    19. Telfah, Sadeq & Chau, Ka Yin & Tran, Trung Kien & Bui, Anh Tuan & Tai, Nguyen Tan & Phan, Thi Thu Hien, 2023. "Role of financial markets and natural resource utilization in green economic recovery: Evidence from selected developing economies," Resources Policy, Elsevier, vol. 83(C).
    20. Cai, Lu & Le, Thanh Tiep, 2023. "Natural resources and financial development: Role of corporate social responsibility on green economic growth in Vietnam," Resources Policy, Elsevier, vol. 81(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:78:y:2022:i:c:s0301420722003592. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.