Proceedings of the 2024 International Conference on Applied Economics, Management Science and Social Development (AEMSS 2024)

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Research on Financing Strategies for Small and Medium-Sized Agricultural Machinery Manufacturers under the Guarantee of Agricultural Cooperatives

Authors
Ding Wang1, *
1Shanghai Maritime University, Institute of Logistics Science and Engineering, Shanghai, 201306, China
*Corresponding author. Email: 202130510168@stu.shmtu.edu.cn
Corresponding Author
Ding Wang
Available Online 27 May 2024.
DOI
10.2991/978-2-38476-257-6_14How to use a DOI?
Keywords
Capital-constrained; Small and medium-sized agricultural machinery manufacturers; Agricultural cooperatives’ guarantees
Abstract

Agricultural cooperatives’ guarantees are a crucial method to tackle the financial challenges faced by agribusinesses. This paper constructed a secondary supply chain for capital-constrained small and medium-sized agricultural machinery manufacturers and agricultural cooperatives. We created a Stackelberg game model to analyze the optimal decisions and expected profits of agricultural cooperatives and small to medium-sized agricultural machinery manufacturers. Moreover, we studied the effect of key parameters on the equilibrium results and demonstrated the above research through numerical analysis. The results showed: 1. optimal wholesale prices and order quantities increase with product success and harvest assessment indexes. 2. Small and medium-sized agricultural machinery manufacturers always have greater expected profits than agricultural cooperatives if the product success rate was large enough.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 International Conference on Applied Economics, Management Science and Social Development (AEMSS 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
27 May 2024
ISBN
978-2-38476-257-6
ISSN
2352-5428
DOI
10.2991/978-2-38476-257-6_14How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Ding Wang
PY  - 2024
DA  - 2024/05/27
TI  - Research on Financing Strategies for Small and Medium-Sized Agricultural Machinery Manufacturers under the Guarantee of Agricultural Cooperatives
BT  - Proceedings of the 2024 International Conference on Applied Economics, Management Science and Social Development (AEMSS 2024)
PB  - Atlantis Press
SP  - 104
EP  - 113
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-2-38476-257-6_14
DO  - 10.2991/978-2-38476-257-6_14
ID  - Wang2024
ER  -