Financing and coordination of the agricultural supply chain considering government-enterprise guarantee
Qihui Lu,
Changhua Liao,
Tingting Xu
Abstract:We examine an agricultural supply chain consisting of a core enterprise and a capital-constrained farmer and assess the yield uncertainty of farmer's production. We explore two kinds of financing models: traditional bank financing and government-enterprise guarantee financing. To coordinate the supply chain, a price commitment contract and a revenue-sharing contract are considered. Our results show that no matter in bank or government-enterprise guarantee financing model, we can find the conditions for full co… Show more
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