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Evaluation of China Petrochemical Industry Performance: An Empirical Study Based on DEA Method

Bo Zhang, Jia-Hua Tian, Fei Huang, Xinxin Wu

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Abstract

Petrochemical Industry is a natural monopoly industry. How to introduce competition into Petrochemical Industry to make the development of this industry more Sustainable and efficient is a question attract the attention of all government. Based on SCP Framework, this paper analyzes statues of China's petrochemical industry. By using DEA , this paper evaluates performance of reform. Meanwhile, this paper puts forward corresponding suggestion of how to carry out policy reforms in Petrochemical Industry for the government.

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What this paper is about

Petrochemical Industry is a natural monopoly industry. How to introduce competition into Petrochemical Industry to make the development of this industry more Sustainable and efficient is a question attract the attention of all government. Based on SCP Framework, this paper analyzes statues of China's petrochemical industry. By using DEA , this paper evaluates performance of reform. Meanwhile, this paper puts forward corresponding suggestion of how to carry out policy reforms in Petrochemical Industry for the government.

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OpenAlex reports 2 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

Petrochemical Industry is a natural monopoly industry. How to introduce competition into Petrochemical Industry to make the development of this industry more Sustainable and efficient is a question attract the attention of all government. Based on SCP Framework, this paper analyzes statues of China's petrochemical industry. By using DEA , this paper evaluates performance of reform. Meanwhile, this paper puts forward corresponding suggestion of how to carry out policy reforms in Petrochemical Industry for the government.

Key concepts: Petrochemical, China, Government (linguistics), Monopoly, Competition (biology), Industrial organization, Natural monopoly, Business

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