Effective Analysis on Circular Economy Development Based on Entropy Method and Data Envelopment Analysis (DEA): Case Study of Liaoning Province

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Abstract:

Entropy method and Data Envelopment Analysis (DEA) method are adopted to carry out an effective analysis on the circular economy development of Liaoning Province between 1992 to 2011, and the results show that: the decentralization strength of input-output efficiency of Liaoning Province in this period was great, the gross efficiency of circular economy development was shocking while improving and the development trend varied in different stages; the scale efficiency was higher, and the influence of scale efficiency was higher than technical efficiency, so it can still obtain higher gross efficiency through expanding production scale. Legislation, technological innovation, green consumption and policy support are key measures for promoting the circular economy development.

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Periodical:

Advanced Materials Research (Volumes 869-870)

Pages:

883-886

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Online since:

December 2013

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