关键词：
green agricultural products;environmental information disclosure of origin;consumer trust;purchase intention
摘要：
Investigating the correlation between information disclosure and consumers’ purchasing decisions is crucial for comprehending consumer behavior mechanisms and stimulating their buying behavior. Drawing upon signaling theory and the “stimulus-organism-response” (S-O-R) model, this research leverages questionnaire responses from 338 consumers. It utilizes Structural Equation Modeling (SEM) to investigate the influence and fundamental mechanisms of environmental information disclosure, consumer trust (competence, benevolence, and integrity), and online purchase intention of green agricultural products. The antecedents required for online purchase intention are identified through the Necessary Condition Analysis (NCA). This research shows that the disclosure of environmental information regarding the origins of green agricultural products positively impacts the purchase intention, with competence trust and benevolence trust being identified as playing intermediary roles in this relationship, while integrity trust does not play a significant mediating role. The disclosure of environmental information about a product’s origin is a necessary condition influencing consumers’ purchasing decisions. Merchants are encouraged to proactively disclose more environmental information regarding green agricultural products and advised to focus on maintaining competence trust and benevolence trust to enhance consumers’ purchase intentions, thereby fostering the advancement of green consumption.
关键词：
innovative city pilot policy;new agricultural entrepreneurs;entrepreneurship level;policy effect assessment;double-difference
摘要：
Rural entrepreneurship has injected new vitality into the comprehensive realization of rural revitalization, and exploring the impact of urban innovation and development on rural entrepreneurship is of great significance in promoting the comprehensive revitalization of the countryside and achieving the coordinated development of urban and rural areas. This paper utilizes the panel data of 284 cities in China from 2005 to 2020 and adopts the multi-period double-difference method to test the effect of innovative city pilots on the entrepreneurial level of new agricultural management subjects, so as to reflect the impact of innovation policy on rural entrepreneurship. The study finds that innovative city construction significantly improves the entrepreneurship level of new agricultural business subjects and that the policy effect continues to increase over time, which is still robust after considering endogeneity issues. The above effects are mainly achieved through improving scientific and technological inputs, enhancing credit support effects, and promoting scientific and technological progress. In the heterogeneity test, innovative city construction significantly promotes the entrepreneurship level of new agricultural business subjects in both small and medium-sized cities and cities with a high level of science and education, but significantly inhibits the entrepreneurship level of new agricultural management subjects in large cities and cities with a high level of science and education. At the same time, innovative city development promotes higher levels of entrepreneurship only in agricultural cooperatives and agribusinesses, with no significant effect on family farms. This study has important policy references for accelerating innovative city construction and rural revitalization development in China in the new era.
作者机构：
[Shufeng Qin] School of Business, Hunan Agricultural University, Changsha, People's Republic of China;[Yongqing Xiong] School of Business, Central South University, Changsha, People's Republic of China
通讯机构：
[Yongqing Xiong] S;School of Business, Central South University, Changsha, People's Republic of China
关键词：
E -commerce platforms;Supply chains;Green capability;Information asymmetry;Signaling;Green certification
摘要：
With the rise of environmentally conscious consumers in the digital age, e-commerce platforms have a significant potential to promote green products through marketing. However, these platforms may face information asymmetry regarding the green production and operational capabilities of their manufacturing suppliers, which could hinder optimal marketing efforts. This study explores how manufacturers with high green capabilities can signal their private information to platforms to receive more green marketing support. We first analyze the traditional signaling mechanism using wholesale prices and then examine how the addition of green certification can facilitate the signaling process. We derive the supply chain equilibria under both signaling mechanisms. Our results show that a single wholesale price signal can substantially distort the manufacturer's wholesale price upward, leading to a significant deviation of the retail platform's pricing and marketing decisions from the optimal levels in a symmetric information scenario. However, adding green certification signals can mitigate this undesirable distortion and reduce the efficiency lost due to information asymmetry. Both signaling mechanisms can exacerbate the double marginalization effect, which can be mitigated to a smaller extent by adding green certification in the signaling contract. Our study highlights the signaling role of green certification in the supply chain and sheds light on the practical value of adopting green certifications.
With the rise of environmentally conscious consumers in the digital age, e-commerce platforms have a significant potential to promote green products through marketing. However, these platforms may face information asymmetry regarding the green production and operational capabilities of their manufacturing suppliers, which could hinder optimal marketing efforts. This study explores how manufacturers with high green capabilities can signal their private information to platforms to receive more green marketing support. We first analyze the traditional signaling mechanism using wholesale prices and then examine how the addition of green certification can facilitate the signaling process. We derive the supply chain equilibria under both signaling mechanisms. Our results show that a single wholesale price signal can substantially distort the manufacturer's wholesale price upward, leading to a significant deviation of the retail platform's pricing and marketing decisions from the optimal levels in a symmetric information scenario. However, adding green certification signals can mitigate this undesirable distortion and reduce the efficiency lost due to information asymmetry. Both signaling mechanisms can exacerbate the double marginalization effect, which can be mitigated to a smaller extent by adding green certification in the signaling contract. Our study highlights the signaling role of green certification in the supply chain and sheds light on the practical value of adopting green certifications.
摘要：
Decarbonizing innovation plays a significant role in curbing carbon emissions, allowing a firm to meet governmental environmental regulations and gain a competitive edge. However, innovation uncertainty and technology spillovers deter a firm from doing so. This paper studies the issue of firms' decarbonizing innovation investment in a competing market under carbon emission regulation. We construct game-theoretic models of two competing supply chains, each consisting of a manufacturer and a retailer. Either manufacturer has the opportunity to invest in decarbonizing innovation, but she may fail in the end. According to the manufacturers' innovation investment decisions, several subcases with no investment, unilateral decarbonizing investment, and bilateral decarbonizing investment are explored. The results show that when both manufacturers have a strong absorbing capacity, neither invests in decarbonizing innovation; when they are weak in absorbing external technology, bilateral decarbonizing investment exists. The findings also reveal that unilateral decarboning investment dominates when the probability of innovation success is moderate. There is a case in which both manufacturers do not conduct decarbonizing investment, although the probability of innovation success is high. In addition, we also find that a retailer can make more profit if his upstream manufacturer invests in decarbonizing innovation than in the no-investment scenario. However, he is harmed by bilateral decarbonizing investment if his upstream manufacturer is weak in absorbing external knowledge relative to the case of unilateral decarbonizing investment. Our results elucidated how technology spillovers and the stochastic nature of innovation affect a manufacturer's decarbonizing innovation investment strategy in a competitive environment.
期刊：
Quantitative Finance and Economics,2024年8(4):678-704 ISSN：2573-0134
作者机构：
[Junqi Liu] School of Business, Central South University, Changsha, China;Institute of Metal Resources Strategy, Central South University, Changsha, China;[Meng He] School of Business, Hunan Agricultural University, Changsha, China;[Jinyu Chen] School of Business, Central South University, Changsha, China<&wdkj&>Institute of Metal Resources Strategy, Central South University, Changsha, China
摘要：
<p>From the perspective of the Chinese market microstructure, we took Chinese A-share listed companies as samples to explore the impact and mechanism of stock liquidity on the quality of corporate environmental information disclosure (EID). Our results indicated that stock liquidity has a positive impact on the quality of corporate EID. Using the stock market interconnection events of the 2014 Shanghai-Hong Kong Stock Connect and the 2016 Shenzhen-Hong Kong Stock Connect as a quasi-natural experiment and applying the Ⅳ approach, the research results remained robust after controlling for endogeneity issues. Moreover, both climate physical risk and climate transition risk positively regulated the relationship between stock liquidity and the quality of corporate EID. Further analysis revealed that the positive impact of stock liquidity on the quality of corporate EID is determined by the information effect path and governance effect path of stock liquidity, and the role of the information effect path is more important. In summary, stock liquidity has had an important feedback effect on Chinese companies' active EID behavior through two pathways: Information effect and governance effect.</p>
期刊：
Asian Journal of Technology Innovation,2024年:1-33 ISSN：1976-1597
通讯作者：
Xiong, YQ
作者机构：
[Qin, Shufeng] Hunan Agr Univ, Sch Business, Changsha, Peoples R China.;[Xiong, YQ; Xiong, Yongqing] Cent South Univ, Sch Business, Changsha, Peoples R China.;[Wang, Xi] Henan Univ, Sch Business, Kaifeng, Peoples R China.
通讯机构：
[Xiong, YQ ] C;Cent South Univ, Sch Business, Changsha, Peoples R China.
关键词：
New energy vehicles;non-subsidised policy;enterprise innovation;innovation quality;policy mechanism
摘要：
Through an investigation of listed new energy vehicle (NEV) enterprises in China from 2012 to 2021, we examined the impact of three NEV non-subsidised policies on enterprise innovation quality from both production and market ends, using the PVAR model. Our study yielded several key findings. First, non-subsidised policies have an overall positive effect, with the production-market-end policy represented by the dual-credit performing the best, followed by the single production-end policy (access catalog), and the market-end policy (government procurement) having the lowest impact. This difference is more pronounced in the two-stage sample (subsidy era, 2012-2016; post-subsidy era, 2017-2021). Second, the analysis of policy mechanisms shows that non-subsidised policies have an R&D investment effect and a product scale effect, but each emphasises specific policy-innovation paths. Third, the market competition pressure has a positive moderating effect on the impact of the dual-credit and access catalog policies, while the moderating effect on government procurement is not significant. Moreover, the external regional innovation atmosphere also has a heterogeneous impact on the incentive effect of non-subsidised policies. These results have important implications for adjusting NEV industry policy in the post-subsidy era and for the discussion of the relationship between non-subsidised policies and technological innovation.
通讯机构：
[Mo, M ] H;Hunan Agr Univ, Sch Business, Changsha 410128, Peoples R China.
关键词：
Ziquejie Terraces;rural ecosystem service value;tourism model;land use
摘要：
Villages are important components of agricultural heritage sites, and their tourism models significantly impact ecosystem service value (ESV). This study takes Zhenglong Village (culture and tourism integration), Ziquejie Village (farmstay type), and Jizhai Village (sightseeing type) with different tourism models in the Ziquejie Terraces heritage site as the research objects. Firstly, a single dynamic land use model and a land use transfer matrix were used to reveal rural land use changes driven by three different tourism models. Secondly, changes in ESV in the three villages were assessed with a valuation model. Finally, the welfare per unit area of villagers obtained from ecosystem services (ESs) was calculated. The results showed that: (1) From 2006 to 2022, the built-up area in the three villages gradually increased, primarily converting from farmland. Zhenglong Village experienced the smallest degree of change in both farmland and built-up areas. (2) The total ESV in Zhenglong Village increased by 0.35 times, the highest among the three villages. (3) Zhenglong Village saw the largest increase in welfare per unit area of villagers, from 82,551 CNY in 2006 to 111,785 CNY in 2022. Therefore, adopting a culture and tourism integration model in this heritage site is most conducive to conserving and enhancing the rural ESV, improving villagers’ welfare, and promoting the sustainable development of villages and heritage sites.
