This paper investigates green credit (GC), manufacture subsidy (MS), and sales subsidy (SS) modes in a supply chain with a capital-constrained green manufacturer and attempts to find the win-win subsidy mode. We show that when the bank loan is infinite and the total subsidies of different modes are equal, GC can bring the highest returns with respect to green degree, market demand, social welfare, and environmental benefit. However, under the finite loan scenario, GC is the optimal choice for the government only when the credit line of the manufacturer is relatively high; otherwise, MS is the optimal subsidy mode.

中文翻译：

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资金受限的供应链中的绿色补贴模式和定价策略

本文研究了资金约束的绿色制造商在供应链中的绿色信用（GC），制造补贴（MS）和销售补贴（SS）模式，并试图找到双赢的补贴模式。我们证明，当银行贷款是无限的并且不同模式的总补贴相等时，GC可以在绿色程度，市场需求，社会福利和环境效益方面带来最高的回报。但是，在有限贷款的情况下，只有当制造商的信用额度相对较高时，GC才是政府的最佳选择。否则，MS是最佳补贴模式。