资金约束下订单农业供应链内外部融资策略研究  

Internal and External Financing Strategies of Contract-Farming Supply Chain under Capital Constraint

作　　者：史立刚 彭红军[1] 丛静 SHI Li-gang;PENG Hong-jun;CONG Jing(College of economics and management,Nanjing Forestry University,Nanjing 210037,China)

机构地区：[1]南京林业大学经济管理学院,江苏南京210037

出　　处：《运筹与管理》2020年第4期62-69,共8页Operations Research and Management Science

基　　金：国家社科基金项目资助(17BGL236)。

摘　　要：考虑一个农户和一个公司组成的二级订单农业供应链,农户面临资金约束及农产品产出随机性,分别研究了银行贷款融资和带有价格折扣的预付款两种融资模式下,农户的生产决策和公司的收购价格决策,进而探讨了供应链内外部融资方式的比较与选择。研究结果表明,农产品产出随机性风险导致农户减少种植规模,公司降低农产品的收购价格,不利于农户增加收入,对公司利润产生不利影响;由于农户的弱势地位,相比银行贷款融资模式,预付款融资无法实现农户与公司双方的帕累托改进。Considering a contract-farming supply chain with a farmer and a company, the farmer faces capital constraint and yield uncertainty. We study the bank’s loan financing and the advance payment with price discounts, the farmer’s production decisions and the company’s wholesale price decision, and then explore the comparison and selection of the internal and external financing methods in the supply chain. The result shows that the yield uncertainty leads the farmer to reduce the planting scale and the company to lower the wholesale price of agricultural products, which is not conducive to increasing income of the farmer and company. Due to the weak position of farmers, compared with bank loan financing, advance payment financing cannot achieve Pareto improvement between the farmer and the company.

关 键 词：订单农业供应链 银行融资 预付款 产出随机 

分 类 号：F274[经济管理—企业管理]