Supply Chain Carbon Finance with Bank and Trade Credits
Abstract
How to get loan from the bank is one of the biggest problem for the small and medium enterprises (SMEs). Fortunately, the cap and trade system may give the SMEs more capital to pledge. In this paper, we considered a newsvendor model in which the retailer has capital constraints. Three situations has been discussed: (i) the retailer takes a bank loan by traditional pattern (ii) the retailer takes a bank loan by carbon finance pattern (iii) the retailer applies to the manufacturers for trade credit. We used Stackelberg game model and found that the carbon finance pattern can help SMEs to expand their operation scale and reduce the carbon emission. Our conclusion may help the SMEs to realize the advantages of cap and trade system. It is benefit for its applications and generalizations.
Keywords
Component, Carbon finance, SMEs, Cap and trade
DOI
10.12783/dteees/peem2016/5076
10.12783/dteees/peem2016/5076
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