Research on Government Subsidy Strategies for the Development of Agricultural Products E-Commerce

In many countries, the governments support the development of local agriculture through subsidization. Subsidizing the sales of agricultural products through E-commerce channels is a way to support the development of agriculture in China. This study aims to develop a profit model and apply Stackelbe...

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Autores principales: Yaoguang Zhong, Ivan Ka Wai Lai, Fangfang Guo, Huajun Tang
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Lenguaje:EN
Publicado: MDPI AG 2021
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Acceso en línea:https://doaj.org/article/32f40e127d3343cba0f1c51126fbadcb
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spelling oai:doaj.org-article:32f40e127d3343cba0f1c51126fbadcb2021-11-25T16:00:56ZResearch on Government Subsidy Strategies for the Development of Agricultural Products E-Commerce10.3390/agriculture111111522077-0472https://doaj.org/article/32f40e127d3343cba0f1c51126fbadcb2021-11-01T00:00:00Zhttps://www.mdpi.com/2077-0472/11/11/1152https://doaj.org/toc/2077-0472In many countries, the governments support the development of local agriculture through subsidization. Subsidizing the sales of agricultural products through E-commerce channels is a way to support the development of agriculture in China. This study aims to develop a profit model and apply Stackelberg game theory to determine which type of subsidies and decision-making can provide the maximum benefits for agricultural products E-commerce supply chains. The results indicate that for both centralized decisions and decentralized decisions, the subsidizing to the agricultural cooperative is better than the subsidizing to consumers and no subsidization. The sales volume, preservation level, sales efforts, and overall profit of the agricultural products E-commerce supply chain are significantly higher. It suggests that the government should play a leading role to support the development of agricultural products E-commerce. This study contributes to agricultural research by developing a profit model to examine the effects of different government subsidy strategies on each member of the agricultural online shopping supply chain. Recommendations are provided for agricultural cooperatives, E-commerce platforms, and the government to improve the quality and sales of agricultural products through online shopping channels.Yaoguang ZhongIvan Ka Wai LaiFangfang GuoHuajun TangMDPI AGarticleStackelberg gamegovernment subsidiesagricultural products supply chainsales effortsAgriculture (General)S1-972ENAgriculture, Vol 11, Iss 1152, p 1152 (2021)
institution DOAJ
collection DOAJ
language EN
topic Stackelberg game
government subsidies
agricultural products supply chain
sales efforts
Agriculture (General)
S1-972
spellingShingle Stackelberg game
government subsidies
agricultural products supply chain
sales efforts
Agriculture (General)
S1-972
Yaoguang Zhong
Ivan Ka Wai Lai
Fangfang Guo
Huajun Tang
Research on Government Subsidy Strategies for the Development of Agricultural Products E-Commerce
description In many countries, the governments support the development of local agriculture through subsidization. Subsidizing the sales of agricultural products through E-commerce channels is a way to support the development of agriculture in China. This study aims to develop a profit model and apply Stackelberg game theory to determine which type of subsidies and decision-making can provide the maximum benefits for agricultural products E-commerce supply chains. The results indicate that for both centralized decisions and decentralized decisions, the subsidizing to the agricultural cooperative is better than the subsidizing to consumers and no subsidization. The sales volume, preservation level, sales efforts, and overall profit of the agricultural products E-commerce supply chain are significantly higher. It suggests that the government should play a leading role to support the development of agricultural products E-commerce. This study contributes to agricultural research by developing a profit model to examine the effects of different government subsidy strategies on each member of the agricultural online shopping supply chain. Recommendations are provided for agricultural cooperatives, E-commerce platforms, and the government to improve the quality and sales of agricultural products through online shopping channels.
format article
author Yaoguang Zhong
Ivan Ka Wai Lai
Fangfang Guo
Huajun Tang
author_facet Yaoguang Zhong
Ivan Ka Wai Lai
Fangfang Guo
Huajun Tang
author_sort Yaoguang Zhong
title Research on Government Subsidy Strategies for the Development of Agricultural Products E-Commerce
title_short Research on Government Subsidy Strategies for the Development of Agricultural Products E-Commerce
title_full Research on Government Subsidy Strategies for the Development of Agricultural Products E-Commerce
title_fullStr Research on Government Subsidy Strategies for the Development of Agricultural Products E-Commerce
title_full_unstemmed Research on Government Subsidy Strategies for the Development of Agricultural Products E-Commerce
title_sort research on government subsidy strategies for the development of agricultural products e-commerce
publisher MDPI AG
publishDate 2021
url https://doaj.org/article/32f40e127d3343cba0f1c51126fbadcb
work_keys_str_mv AT yaoguangzhong researchongovernmentsubsidystrategiesforthedevelopmentofagriculturalproductsecommerce
AT ivankawailai researchongovernmentsubsidystrategiesforthedevelopmentofagriculturalproductsecommerce
AT fangfangguo researchongovernmentsubsidystrategiesforthedevelopmentofagriculturalproductsecommerce
AT huajuntang researchongovernmentsubsidystrategiesforthedevelopmentofagriculturalproductsecommerce
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