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本文构建了一个包括2个上游企业和2个下游企业的煤电纵向关系模型,并分析了不同纵向关系结构下均衡结果和不同评价原则下最优煤电纵向关系形式的选择结果。结果显示,煤电纵向关系形式选择的决定因素是政府的评价原则和对应的政策取向,以及煤电产业链盈利能力。根据煤电产业链特性,给出了不同评价原则下最优的煤电纵向关系形式。
In this paper, a vertical model of coal power generation including two upstream enterprises and two downstream enterprises is constructed and the results of the choice of the vertical coalition power generation under different vertical relations and the different evaluation principles are analyzed. The results show that the determinants of the vertical choice of coal power are the government’s evaluation principles and corresponding policy orientation, as well as the coal industry chain profitability. According to the characteristics of coal industry chain, this paper gives the optimal coal power vertical relationship under different evaluation principles.