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Application of Engineering Economic Analysis Model in the Evaluation of the Development of Paper Industry

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DOI: 10.23977/ieim.2023.060108 | Downloads: 5 | Views: 343

Author(s)

Changsheng Xu 1, Lei Xu 2

Affiliation(s)

1 "Shengshi Fengyuan" Develop Science and Technology (Shenzhen) Ltd, Shenzhen, Guangdong, 518000, People's Republic of China
2 "Shang Jingqing" Environmental Technology Co, Zhuhai, Guangdong, 519000, People's Republic of China

Corresponding Author

Changsheng Xu

ABSTRACT

As a traditional industry in China, the paper industry has a great influence on the global paper supply. The evaluation of the development of the paper industry will help to provide guidance for the future development of the industry. In this paper, the development of paper industry is evaluated and analyzed by engineering economic analysis model, including parametric method and non-parametric method. Through the statistical analysis of the input and output of the paper industry in different years by DEA model, it is concluded that the production efficiency of China's paper industry has significantly improved under the positive impact of the improvement of labor quality, scientific and technological progress, improvement of management level and expansion of production scale. Through the calculation and analysis of Cobb-Douglas production function, it is concluded that capital input and scientific and technological progress make a great contribution to the output of the paper industry, but the proportion of scientific and technological progress still needs to be improved. These studies provide good ideas for the future development of the paper industry.

KEYWORDS

Paper industry, Engineering economic analysis model, DEA model, Cobb-Douglas production function

CITE THIS PAPER

Changsheng Xu, Lei Xu, Application of Engineering Economic Analysis Model in the Evaluation of the Development of Paper Industry. Industrial Engineering and Innovation Management (2023) Vol. 6: 54-61. DOI: http://dx.doi.org/10.23977/ieim.2023.060108.

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