The Efficiency of China’s Agricultural Circular Economy and Its Influencing Factors under the Rural Revitalization Strategy: A DEA–Malmquist–Tobit Approach

Guo, Cunlan; Rong, Zhang; Zou, Yuntao

doi:10.3390/agriculture13071454

Cited by 12 publications

(5 citation statements)

References 47 publications

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“…Similarly, Fethi et al applied the DEA-Tobit model to examine the efficiency of European airlines [24]. Additionally, studies by Grmanová & Strunz [25], Guo et al [26], and Istaiteyeh et al [27] have also employed the DEA-Tobit model combination. In the cultural industries sector, Liu et al [28] used this model combination in their research on coastal ecotourism in China, Tu et al [29] in their study of the cultural services industry, and Liu [30] in his investigation of rural public cultural services.…”

Section: Methodsmentioning

confidence: 99%

Analyzing the Shift in China’s Cultural Industries: From Economic Growth to Social Enrichment

Li,

Zhang,

Zou

2024

Sustainability

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Cultural industries constitute a crucial part of the sustainable economy. In accordance with the principles of socialist public ownership nations, the economic benefits of cultural industries should be ultimately transformed into more significant social benefits. Guided by the policies and requirements of the Chinese government concerning the social benefits of cultural industries, this paper innovatively integrates Data Envelopment Analysis (DEA) and Tobit models to empirically analyze the social benefits and their influencing factors within China’s cultural industries. The findings indicate that the social benefits of China’s cultural industries are currently in a state of diminishing returns to scale, with fiscal support and educational levels significantly enhancing the industry’s social benefits. This paper recommends that policymakers aiming to convert the economic benefits of cultural industries into social benefits more systematically and effectively should focus on enhancing the quality of industry outputs.

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Section: Methodsmentioning

confidence: 99%

Analyzing the Shift in China’s Cultural Industries: From Economic Growth to Social Enrichment

Li,

Zhang,

Zou

2024

Sustainability

Self Cite

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“…For instance, DEA is often used in bank efficiency measurement (Chaudhary & Arora, 2022;Ferreira, 2020;Horvat et al, 2023;Thaker et al, 2022;Wu et al, 2022). Another field in which scholars apply DEA methodology is circular economy (Ding et al, 2020;Fan & Fang, 2020;Guo et al, 2023;Wang et al, 2021). There are works where DEA is used for companies' efficiency evaluation (Huang et al, 2021;Lin & Hong, 2020;Maziotis et al, 2020).…”

Section: Methodsmentioning

confidence: 99%

Sustainable Metamorphosis: Examining Sustainability Transformation Into Value of Financial Institutions

Lapinskaitė,

Skvarciany

2023

Journal of Business Economics and Management

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The relevance of sustainable development in the financial institution and its value is significant in today’s financial landscape. This research aims to evaluate the efficiency of converting sustainable development outcomes, quantified through ESG, into a financial institution’s valuation, measured by the P/E ratio. In order to reach the aim, the DEA method was applied. The results reveal that only one financial institution has an efficiency score of 1, signifying a notable efficiency level. Most financial institutions in the dataset possess efficiency scores (represented by theta) below 0.1, indicating a relative inefficiency in converting their E, S, and G scores into P/E ratios. The results reveal that high E, S, and G scores do not result in higher P/E ratios. It might be advisable to diversify investments across different financial institutions with diverse ESG profiles to mitigate risk and optimise returns. These potential research perspectives offer opportunities for a more profound understanding of the connection between ESG factors and the valuation of financial institutions. They allow for an examination of the quality and transparency of ESG reporting, considering the specific internal factors relevant to international financial institutions, as ESG continues to gain recognition as an integral component of a company’s intangible assets.

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“…In addition, the development of circular agriculture is also an important system to ensure the sustainable development of agriculture. By measuring the efficiency and changes in the agricultural economy in 31 provinces and cities in China from 2017 to 2020, Guo et al [8] pointed out that the implementation of a rural revitalization strategy can improve the efficiency of agricultural circular economy, promote rural economic development, social progress and ecological protection, and realize rural modernization. Finally, this Special Issue also assesses two livestock development policies.…”

Section: Policies Of Agricultural Sustainable Developmentmentioning

confidence: 99%

Sustainable Agriculture: Theories, Methods, Practices and Policies

Liu,

Chen,

Jiao

2024

Agriculture

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The Efficiency of China’s Agricultural Circular Economy and Its Influencing Factors under the Rural Revitalization Strategy: A DEA–Malmquist–Tobit Approach

Cited by 12 publications

References 47 publications

Analyzing the Shift in China’s Cultural Industries: From Economic Growth to Social Enrichment

Analyzing the Shift in China’s Cultural Industries: From Economic Growth to Social Enrichment

Sustainable Metamorphosis: Examining Sustainability Transformation Into Value of Financial Institutions

Sustainable Agriculture: Theories, Methods, Practices and Policies

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