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Open Access. Powered by Scholars. Published by Universities.®

2017

Faculty Publications

The University of Southern Mississippi

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An Investment Analysis For China's Sustainable Development Based On Inverse Data Envelopment Analysis, Lei Chen, Ying-Ming Wang, Fujun J. Lai, Feng Feng Jan 2017

An Investment Analysis For China's Sustainable Development Based On Inverse Data Envelopment Analysis, Lei Chen, Ying-Ming Wang, Fujun J. Lai, Feng Feng

Faculty Publications

In the face of environmental degradation, sustainable development has become a common goal across the globe. Making a scientifically based investment scheme is of great significance to promote the sustainable development of China's economy. However, there is scarce research related to such an investment scheme of sustainable development. This paper proposes a new inverse data envelopment analysis method with undesirable outputs to make several scientifically based investment schemes from different perspectives, namely, the natural, regulation, and optimal perspectives. By this method, decision makers can scientifically forecast the specific amount of investment based on their actual sustainable development objectives, which …