Research Article
Research on Financing Efficiency of Manufacturing Enterprises in Hebei Province —— Based on DEA Efficiency Measurement Mode
@INPROCEEDINGS{10.4108/eai.18-11-2022.2327190, author={Zhengchao Zhang and Yu Huang and Qian Zhu}, title={Research on Financing Efficiency of Manufacturing Enterprises in Hebei Province ------ Based on DEA Efficiency Measurement Mode}, proceedings={Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China}, publisher={EAI}, proceedings_a={ICEMME}, year={2023}, month={2}, keywords={financing efficiency; manufacturing enterprises; dea model}, doi={10.4108/eai.18-11-2022.2327190} }- Zhengchao Zhang
Yu Huang
Qian Zhu
Year: 2023
Research on Financing Efficiency of Manufacturing Enterprises in Hebei Province —— Based on DEA Efficiency Measurement Mode
ICEMME
EAI
DOI: 10.4108/eai.18-11-2022.2327190
Abstract
With the rapid development of the national economy, measurement models play an increasingly important role in studying economic problems. The paper takes A-share listed manufacturing enterprises in Hebei Province from 2018-2020 as the sample, using DEA-BCC and DEA-Malmquist models to analyze the financing efficiency from a static and dynamic perspective. The results show the financing efficiency of manufacturing enterprises in Hebei Province is low, mainly caused by the low technical level, which shows most enterprises do not pay attention to technological innovation. Pure technical efficiency and scale efficiency do not reach the best at the same time. It shows that the financing efficiency of manufacturing enterprises in Hebei Province has a certain room for improvement, which needs to be improved from the technical level and scale degree.