补贴
经济
产量(工程)
经济盈余
盈利能力指数
微观经济学
福利
市场经济
财务
冶金
材料科学
作者
Bin Dan,Ting Lei,Xumei Zhang,Molin Liu,Songxuan Ma
标识
DOI:10.1016/j.econmod.2023.106413
摘要
Agricultural subsidies are crucial for stabilizing supply and price in fresh produce wholesale markets. In particular, fresh produce suffers the risk of yield uncertainty in the upstream origin market, which may cause supply and price fluctuations in the downstream wholesale market. By developing a game-theoretical framework, this paper analyzes the effectiveness of the transaction fee subsidy in wholesale markets under yield uncertainty. Our result shows that the subsidy policy can increase supply and reduce prices but may aggravate price fluctuations by inducing a larger supply scale in the wholesale market. The numerical analysis indicates that the subsidy policy performs a low efficiency in improving consumer surplus but high efficiency in social welfare. It may also engender a net economic benefit to induce a win–win outcome on consumer welfare and market profitability. This research reveals the possibility of balancing social and economic benefits through government subsidy policies.
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