Research Article

Co-operative Research on Financing Ecological and Efficiency of Industrial—Evidence from China’s New Energy Industry

Table 2

Ecological index system and index weight of new energy industry financing.

FinancingIndicator variablesMaximum valueMinimum valueMeanStandard deviationIndicatorweights

Industrial environment (ST1)Economic and financial ecology (J J)GDP per person in per province (JJ1)1289941611749861.7423014.480.029345
Provincial money supply/provincial GDP (JJ2)2.2711.7661.9240.1630.031247
Extent of social financing in per province/provincial GDP (JJ3)0.3480.2060.2530.0370.032781
Added value of finance in the provinces/provincial GDP (JJ4)0.0870.0550.0640.0170.029282
Ecological legal culture (FW)Number of law firms in per 10,000 population of per province (FW1)1.1210.0980.3320.3050.024754
Completion rate of provincial people’s courts (FW2)0.9950.5380.8120.2840.025963
Number of teachers per 10,000 population per province (FW3)173.41880.279107.74825.9540.025972
Expenditure on education per capita (FW4)5498.0991300.2392205.127708.7240.024849
Industry support ecology (CZ)Provincial energy industry investment/provincial fixed assets investment (CZ1)0.2660.0230.0740.0630.041736
Expenditure on environmental protection in the provinces/total expenditure in the provinces (CZ2)0.1420.0210.0530.0390.075358
New energy generation for industries above provincial scale and all industries above provincial scale electricity generation (CZ3)0.5390.0840.1580.2360.043155

Industry relations ecology (ST2)Industry competition ecology (HZ)New energy sector HHI index (HZ1)0.2380.0420.1290.0820.073465
Monopolistic rents in new energy industries (HZ2)2.8470.0010.3560.9940.072172
Industry agglomeration ecology (HJ)New energy sector E-G index (HJ1)0.0630.0420.0560.0070.069742
Location entropy of new energy industry in provinces (HJ2)1.730.160.7310.4330.054107

Enterprise genetic ecology (ST3)Corporate governance ecology (ZL)Companies nankai governance index (ZL1)73.62847.54659.8657.7950.057741
Internal control ecology (NK)Dibo internal control index (NK1)843.76558.732368.654143.8980.057727
Production business management ecology (SJ)Patent technology, non-patent a natural logarithm of the total net book value of technology, systems, software, etc.(SJ1)20.349.7113.234.040.057988
Natural logarithm of corporate R&D expenditure (SJ2)24.5810.0715.263.790.057519
Employees with college degree or above per company/total employees per company (SJ3)0.890.140.480.250.057972
Natural logarithm of remuneration payable by companies (SJ4)14.726.319.212.570.057125