IDEAS home Printed from https://ideas.repec.org/a/hin/jnlmpe/9460315.html
   My bibliography  Save this article

Influence of Government Subsidy on Remanufacturing Decision under Different Market Models

Author

Listed:
  • Zhen Li
  • Jiao Zhang
  • Qingfeng Meng
  • Wei Zheng
  • Jianguo Du

Abstract

This paper considers a remanufacturing closed-loop supply chain involving a manufacturer and an independent remanufacturer. First, it analyzes the decision-making changes under three market leadership (manufacturer leadership, remanufacturer leadership, and no leadership) models before and after government subsidies. Considering the government’s goal of maximizing social welfare, the study establishes a two-stage game model for the government’s optimal price subsidy. It also considers the effects of consumer environmental preferences on product prices, demand, profits, government subsidies, and social welfare under different market models. The study found that government subsidy effectively stimulates the demand for remanufactured products, reduces the price of both new and remanufactured products, and promotes the remanufacturing industry. Furthermore, improvement in consumer environmental awareness was found to enhance the government’s optimal subsidy.

Suggested Citation

  • Zhen Li & Jiao Zhang & Qingfeng Meng & Wei Zheng & Jianguo Du, 2019. "Influence of Government Subsidy on Remanufacturing Decision under Different Market Models," Mathematical Problems in Engineering, Hindawi, vol. 2019, pages 1-16, July.
    • Handle: RePEc:hin:jnlmpe:9460315
    DOI: 10.1155/2019/9460315
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/MPE/2019/9460315.pdf
    Download Restriction: no
    File URL: http://downloads.hindawi.com/journals/MPE/2019/9460315.xml
    Download Restriction: no
    File URL: https://libkey.io/10.1155/2019/9460315?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. Niu, Baozhuang & Ruan, Yiyuan & Zeng, Fanzhuo, 2022. "Promoting remanufacturing through subsidy and environment tax: Channel co-opetition, incentive alignment and regulation optimization," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 166(C).
    2. Fang, Chang & Fan, Shuyi & Chi, Mingxiang & Wang, Weizhong, 2023. "The optimal remanufacturing strategy, returned quality choice and independent remanufacturers’ advantage for tackling extreme weather," International Journal of Production Economics, Elsevier, vol. 259(C).
    3. Luttiely Santos Oliveira & Ricardo Luiz Machado, 2021. "Application of optimization methods in the closed-loop supply chain: a literature review," Journal of Combinatorial Optimization, Springer, vol. 41(2), pages 357-400, February.
    4. Haiyan Li & Xingzheng Ai & Han Song & Yi He & Xue Zeng & Jiafu Su, 2022. "Policy of Government Subsidy for Supply Chain with Poverty Alleviation," Sustainability, MDPI, vol. 14(19), pages 1-22, October.
    5. Kailing Liu & Quanxi Li & Haowei Zhang, 2022. "Analysis of the Impact of Remanufacturing Process Innovation on Closed-Loop Supply Chain from the Perspective of Government Subsidy," Sustainability, MDPI, vol. 14(18), pages 1-25, September.

    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:9460315. 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.