IDEAS home Printed from https://ideas.repec.org/a/hin/jnlmpe/1412950.html
   My bibliography  Save this article

Dynamic Coevolution of Capital Allocation Efficiency of New Energy Vehicle Enterprises from Financing Niche Perspective

Author

Listed:
  • Qiong Wang
  • Cheng-xuan Geng
  • Hai-tao E

Abstract

Based on the dynamic characteristics of enterprises’ competition and cooperation, this paper introduces the idea of ecology and synergy and constructs a dynamic coevolution model of financing allocation efficiency and financing niche based on improved Lotka-Volterra model. The parameters in the model are difficult to be given by the least square method and the maximum likelihood estimation method; the accelerated genetic algorithm is proposed to solve the parameters in the dynamic coevolution model, which makes the parameter estimation more accurate and reasonable. Finally, the data of new energy vehicle listed companies in China from 2009 to 2017 are given to validate the proposed model, and the dynamic process of coevolution of new energy vehicle enterprises, capital allocation efficiency, and financing niche is described. The results show that the minimum financing niche breadth of industry and market determines the location of the equilibrium point. With capital allocation efficiency as the core, adjusting the financing niche through financing market, industrial policy, enterprise development, and other factors will help to improve the coevolution balance between industrial capital allocation efficiency and financing niche and promote the coordinated development of strategic emerging industries.

Suggested Citation

  • Qiong Wang & Cheng-xuan Geng & Hai-tao E, 2019. "Dynamic Coevolution of Capital Allocation Efficiency of New Energy Vehicle Enterprises from Financing Niche Perspective," Mathematical Problems in Engineering, Hindawi, vol. 2019, pages 1-9, May.
    • Handle: RePEc:hin:jnlmpe:1412950
    DOI: 10.1155/2019/1412950
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/MPE/2019/1412950.pdf
    Download Restriction: no
    File URL: http://downloads.hindawi.com/journals/MPE/2019/1412950.xml
    Download Restriction: no
    File URL: https://libkey.io/10.1155/2019/1412950?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
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xu, Jingrong & Tian, Jie & Liu, Yongjian, 2024. "The study of coevolution relationship among coastal marine economy, innovation, and ecology based on Chinese complex systems," Finance Research Letters, Elsevier, vol. 65(C).
    2. Xu Chen & Yingliang Wu & Rujie Zhong, 2021. "Research on Competitiveness of China’s Social Commerce Enterprises Based on Macro- and Micro-Niche," Sustainability, MDPI, vol. 13(1), pages 1-20, January.

    More about this item

    Statistics

    Access and download statistics

    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:hin:jnlmpe:1412950. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    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.