Optimal Loan Pricing for Agricultural Supply Chains from a Green Credit Perspective

In recent years, many countries have proposed various sustainable development strategies around environmental issues. The implementation of green supply chain management is an effective sustainable development approach that combines “environmental awareness” and “economic development.” Therefore, in...

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Autores principales:	Liurui Deng, Wentang Xu, Juan Luo
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	agricultural supply chain pricing strategy green credit Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/c00cd573ef044c7eab39119784a4e6e2
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id	oai:doaj.org-article:c00cd573ef044c7eab39119784a4e6e2
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spelling	oai:doaj.org-article:c00cd573ef044c7eab39119784a4e6e22021-11-25T19:00:37ZOptimal Loan Pricing for Agricultural Supply Chains from a Green Credit Perspective10.3390/su1322123652071-1050https://doaj.org/article/c00cd573ef044c7eab39119784a4e6e22021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/22/12365https://doaj.org/toc/2071-1050In recent years, many countries have proposed various sustainable development strategies around environmental issues. The implementation of green supply chain management is an effective sustainable development approach that combines “environmental awareness” and “economic development.” Therefore, introducing the concept of “green” effectively is the main direction for the sustainable development of agriculture in the future. The impacts of green credit policies on agricultural supply chains have rarely been discussed before. Therefore, we focus on the incentive mechanism of green credit policies in the agricultural supply chain. We use the Stackelberg Leadership Model to construct a pricing model which adds the interest subsidy and required reserve ratio (RRR) cuts, and determines the pricing rules of bank loans and production decisions of the farmer in the agricultural supply chain under the incentive policy of green credit by quantifying the optimization problems of the bank and the farmer. The result shows that optimal decisions exist for both farmer and bank in the supply chain game framework. The implementation of the green credit policies contributes to both of their profits. Additionally, the green credit policies give the bank room to reduce interest rates so that the overall utility level of the supply chain could be improved.Liurui DengWentang XuJuan LuoMDPI AGarticleagricultural supply chainpricing strategygreen creditEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12365, p 12365 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	agricultural supply chain pricing strategy green credit Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	agricultural supply chain pricing strategy green credit Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Liurui Deng Wentang Xu Juan Luo Optimal Loan Pricing for Agricultural Supply Chains from a Green Credit Perspective
description	In recent years, many countries have proposed various sustainable development strategies around environmental issues. The implementation of green supply chain management is an effective sustainable development approach that combines “environmental awareness” and “economic development.” Therefore, introducing the concept of “green” effectively is the main direction for the sustainable development of agriculture in the future. The impacts of green credit policies on agricultural supply chains have rarely been discussed before. Therefore, we focus on the incentive mechanism of green credit policies in the agricultural supply chain. We use the Stackelberg Leadership Model to construct a pricing model which adds the interest subsidy and required reserve ratio (RRR) cuts, and determines the pricing rules of bank loans and production decisions of the farmer in the agricultural supply chain under the incentive policy of green credit by quantifying the optimization problems of the bank and the farmer. The result shows that optimal decisions exist for both farmer and bank in the supply chain game framework. The implementation of the green credit policies contributes to both of their profits. Additionally, the green credit policies give the bank room to reduce interest rates so that the overall utility level of the supply chain could be improved.
format	article
author	Liurui Deng Wentang Xu Juan Luo
author_facet	Liurui Deng Wentang Xu Juan Luo
author_sort	Liurui Deng
title	Optimal Loan Pricing for Agricultural Supply Chains from a Green Credit Perspective
title_short	Optimal Loan Pricing for Agricultural Supply Chains from a Green Credit Perspective
title_full	Optimal Loan Pricing for Agricultural Supply Chains from a Green Credit Perspective
title_fullStr	Optimal Loan Pricing for Agricultural Supply Chains from a Green Credit Perspective
title_full_unstemmed	Optimal Loan Pricing for Agricultural Supply Chains from a Green Credit Perspective
title_sort	optimal loan pricing for agricultural supply chains from a green credit perspective
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/c00cd573ef044c7eab39119784a4e6e2
work_keys_str_mv	AT liuruideng optimalloanpricingforagriculturalsupplychainsfromagreencreditperspective AT wentangxu optimalloanpricingforagriculturalsupplychainsfromagreencreditperspective AT juanluo optimalloanpricingforagriculturalsupplychainsfromagreencreditperspective
_version_	1718410428636200960

Optimal Loan Pricing for Agricultural Supply Chains from a Green Credit Perspective

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