Government subsidy promotes the development of green supply chain, and the influence of decision-makers’ behavioral preferences becomes increasingly prominent in green supply chain management. In order to further enrich the research content of green supply chain, we first use Stackelberg game theory to construct game models by taking the product green degree, wholesale price and retail price as the decision variables, then we work out the equilibrium strategies of the manufacturer and the retailer under four decision scenarios, and reveal the impact differences between the two parties’ fairness preference behaviors. Our research mainly has the following findings: Firstly, the government subsidy to the manufacturer can benefit these two parties and can have certain impact on the optimal decisions only by working with the green product market expansion efficiency. Secondly, these two parties’ fairness preference behaviors can cause serious damage to the other party’s profit and the overall profit of green supply chain, and increase the rate of their own profit in the overall profit of green supply chain, but the difference is that the retailer’s fairness preference behavior can cause a greater decline in product green degree and wholesale price, and when certain conditions are met, its own profit may rise compared to its fairness neutral, while the manufacturer’s fairness preference behavior can cause a greater damage to the overall profit of green supply chainand make its own profit always be lower than its fairness neutral. Thirdly, the government subsidy to the manufacturer and the fairness preference behaviors of both parties can cause a stack effect on the optimal solutions, which means that the subsidy government provides for the manufacturer can aggravate the negative influence caused by these two parties’ fairness preference behaviors.
From 2004 to 2015, the minimum wage’s employment effect varied according to the minimum wage level, FDI, per capita gross domestic product, and labor production in 31 Chinese provinces. Regardless of the amount of investment, the minimum wage raise lowered hiring as FDI intake increased. In this research paper, we aim to study different scenarios that can help raise the minimum wage without harming employment. We will evaluate the influence of employment’s minimum wage change in China (world's largest emerging market) and the U.S. (the largest developed country) using co-integration regression analysis. The minimum wage system is a basic wage and social security system that the governments have used to interfere directly in labor market wages. The data enumerated and collected is from 2003 to 2016, which is published annually by both governments. Our emphasis is on the overall employment impact, accommodation, and foodservice industry impact. According to the findings, the minimum wage increase has a minor impact on overall employment in China. However, it has a beneficial impact on employment in the U.S. In China and the U.S., minimum wage raise has a significant beneficial influence on employment in the retail and foodservice industries. The impact on the U.S., however, is higher than on China.
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