Government subsidies, dual-credit policy, and enterprise performance: Empirical evidence from Chinese listed new energy vehicle companies

The development of the new energy vehicle industry has become a key force driving the goals of carbon peak and carbon neutralization.To better guide future strategies,this study investigates the dual impact of subsidy and dual-integral policies on the performance of new energy vehicle enterprises.This study first theorizes the influential mechanism according to the institutional-based approach and technical innovation theory,and then collects data from listed companies in the new energy vehicle industry from 2016 to 2020.The hypotheses are examined using a two-way fixed-effects model.The findings show that:(1)subsidy policies are can still improve enterprise performance,but not through green technology innovation;(2)the dual-credit policy can improve enterprise performance through green technology innovation;and(3)under current policy conditions,with subsidies declining annually,the interaction effects between the subsidy and dual-integral policies will also decrease.Thus,this study suggests that non-monetary industrial policy,represented by the dual credit policy is a more effective alternative to government subsidies.

The Issue of Precision Agriculture in International Trade： An Analysis in Terms of Subsidies

At the present time, world agriculture is influenced by a set of new technologies grouped under the generic name of precision agriculture （PA）. Based on a study of the cotton sector, this article examines the effects of adopting PA with regard to international trade. We examine whether PA can contribute to the further destabilization of the terms of trade between countries in Central and West Africa （CWA） and Northern countries. We show that PA can be used by Northern countries at the expense of CWA, since it is used to implement strategic commercial policies based on subsidies. These policies are made more credible by the fact that international authorities cannot easily condemn them.

Evolution,Problems and Countermeasures of China's Subsidy Policy for Agriculture

China's agricultural subsidy policy experiences three development stages. Detailed summing up is carried out for achievements of each stage. On the basis of this, this paper discusses problems existing in current agricultural subsidy policy, including high operational cost, out of balance of subsidy structure, little subsidy effort, lack of effective supervision and vacancy of benefit safeguarding mechanism. Finally, it presents suggestions for optimizing China's agricultural subsidy policy, such as regulating direction of agricultural policy, strengthening subsidy effort, taking full advantage of WTO rules, perfecting agriculture-related systems, and establishing and perfecting legal system to support agriculture.

Contrastive Research on Domestic and Foreign Ecological Agriculture Policies

In the first place,the definitions of ecological agriculture defined by scholars both at home and abroad are introduced.In the second place,the domestic and foreign ecological agriculture policies are expounded.Through contrastive research on the domestic and foreign ecological agriculture polices,the problems in the development of ecological agriculture in China are found.By mirroring the western experiences in developing ecological agriculture,the countermeasures and relevant suggestions are put forward from the perspective of government.The first one is to increase the subsidies from the government to ecological agriculture.The second one is to clarify the standard of ecological agriculture construction.The third one is to promote the industrialization of ecological agriculture.The fourth one is to strengthen the construction of ecological demonstration region and ecological village.

The Impacts of Agricultural Machinery Purchase Subsidies on Mechanized Crop Residue Recycling

Crop residue recycling can improve the quality of the cropland,and it has multiple economic and ecological benefits.However,such practice is with low adoption due to different constraints.In this paper,we use the survey data from Baoding,Hebei province,and use the probit model to explore how the agricultural machinery purchase subsidies affect the mechanized crop residue recycling.The results showed that several factors that affect farmers in adopting the practice of mechanized crop residue crop recycling.Among these factors,the cost of adopting such practice is significant.The agricultural machinery purchase subsidies can effectively reduce the cost of such practice,as well as promote mechanized crop residue recycling.The paper also proposed several actions in the future.They include increasing the subsidies on agricultural machinery purchase and increasing farmers' awareness on crop residue recycling.

Present Situation, Problems and Strategies of Agricultural Credit Policy in Dingxi City

This paper analyzes the current situation of agricultural credit policy in Dingxi City,and further studies the problems in the implementation of credit policy in Dingxi City,and puts forward strategies and suggestions according to these problems.

Analysis on Green Agriculture Policy during the Development of Eco-city in European Countries and the United States and Policy Recommendations

Ecological agriculture is the important industrial foundation for building eco-cities,while green agriculture policy plays an essential role in promoting sustainable development of ecological agriculture. This paper analyzed the relationship between green agriculture policy and developing eco-cities and characteristics of green agriculture policies in European countries and the United States developing ecological cities.Besides,it summarized experience,in hope of providing beneficial reference for China developing eco-cities.

Present Situation of Rural Regional Development and Agricultural Extension Policy

The formulation of agricultural extension policy and the development of rural regional economy present the relationship of mutual existence,mutual influence and mutual promotion.Therefore,it is necessary to study the agricultural extension policy according to the current situation of rural regional development.Agricultural technology extension system is an organization set up at county and township levels to provide farmers with scientific research achievements and practical technical services on planting,animal husbandry,fishery,forestry,agricultural machinery and water conservancy,and it is an important carrier for implementing the strategy of developing agriculture through science and technology.On the basis of expounding the value and significance of rural regional economic development,this paper analyzes the problems existing in China s rural regional development from the aspects of rural infrastructure and public services,rural labor force s cultural and scientific level,rural grass-roots extension system,etc.,and puts forward corresponding measures against the problems.This study has certain theoretical reference value for promoting the all-round development of China s rural economy and realizing the great strategy of rural revitalization in China.

A Multi-Level Evaluation of Policy Integration of Human Resource Development in Agriculture Sector

Human resource development assumes as a golden key for a knowledge-based economy and competitiveness. This study evaluates policy integration of human resource development (HRD) in agricultural sector within the context of multi-level governance (i.e., interdependence of administrative levels in decision making) and suggests means to enhance policy integration in Bangladesh. Conducting a critical review of major policy instruments, key informant interview and two case studies, this study concluded that HRD issue has fairly included and observed consistency (between the aim of HRD and policy) in all policies and strategies;majority of policy instruments have significantly addressed the significance of HRD and added plans for its development;reporting, monitoring and evaluation of policies and strategies are rather weak and there is no adequate flow of financial arrangement that is largely determined by the availability of government project. Based on the findings, the following means should be useful for improving HRD policy integration such as providing a handsome amount of development budget at the sub-district agricultural office, formulating coherent strategies to build effective cooperation, coordination and participation among stakeholders, initiating special capacity building programmes for rural women, young farmers and smallholders and mainstreaming HRD issue in governmental planning and programmes, and accordingly crafting policies and implementation.

Key Factors Affecting Farmers’ Choice of Corn Reduction under the China’s New Agriculture Policy in the ‘Liandaowan’ Areas, Northeast China

Farmers are the main land managers, and their production decisions crucially affect crop outputs and farmland preservation.Understanding the motivations and factors underlying farmers’ decision making is a fundamental to implementation polices of government.This study analyzed factors that influence farmers’ choice of corn reduction under the China’s new agriculture policy in the ‘Liandaowan’ areas of Northeast China.This study collected data from 106 randomly selected households in 34 villages in ‘Liandaowan’ areas of Northeast China using a semi-structured questionnaire.Results showed that the Chinese corn structural adjustment plan confronted with many constraints, and most of farmers insist on planting corn.Drought and low accumulated temperature, no suitable substitution crop, farmers’ preferences, farmers’ education and age, relatively high comparative benefit of corn, the availability of machinery and technical assistance, subsidies and low family incomes all influence farmers’ choice of corn substitution.Based on our experimental results, we derived important policy implications for promoting corn structural adjustment incorporate increase crop diversity, promote soybean and corn rotation, provide adequate agricultural extension services, and increase the corn substitution subsidies and improve farmers’ income.

The General and Structural Effect of " Four Agricultural Subsidies " on Grain Yield: Empirical Analysis of Chongqing City

On the basis of empirical data concerning " four agricultural subsidies" in Chongqing City,we establish panel data model to analyze the general effect of " four agricultural subsidies" on grain yield,and the structural effect of " four agricultural subsidies" on grain yield. Based on the F-test and Hausman test,we estimate the model using GLS or FGLS method. The results show that " four agricultural subsidies" have significant positive effect on grain yield; the structural effect of " four agricultural subsidies" on grain yield is different (comprehensive subsidies for means of agricultural production has the strongest effect on grain yield,followed by subsidies for promotion of improved variety of seed; the effect of subsidies for purchase of agricultural machinery on grain yield is not significant) . Therefore,governments at all levels should continue to strengthen the support efforts in " four agricultural subsidies" ,and continually optimize the structure to increase grain yield.

The Relationship between Government Subsidies and Research & Development Investment of Chinese Agricultural Listed Companies

Based on the background of China's emerging and transitional market,government subsidies to enterprises are regarded as a " helping hand" of promoting economic structural adjustment. In this paper,using China's A-share agricultural listed companies from 2010 to 2015 as research samples,we discuss the influence of government subsidies on research and development( hereinafter referred to as R & D) investment,and the difference in the relationships between the two from the perspective of different nature of property rights. The results show that,on the whole,the increase in government subsidies does not promote the intensity of R & D investment of agricultural listed companies. And after distinguishing the nature of property rights,the results show that state-owned enterprises can get more government subsidies than private enterprises,and the increase in government subsidies boosts the increase in R & D investment in private enterprises,but there is a negative correlation between government subsidies and R & D investment of state-owned enterprises. This conclusion can broaden the research perspective of the influence factors of corporate R & D investment,and it is of practical significance to further clarify the role of government subsidies in R & D investment decisions of enterprises with different nature of property rights.

Building a Business and Strategic Intelligence Policy as a Strategy for Promoting Congolese Business Progress and Healthy Economic Development in Eastern DRC

The aim of this study was to verify the existence of business and strategic intelligence policies at the level of Congolese companies and at the state level, likely to foster progress and healthy development in the east of the DRC. The study was based on a mixed perspective consisting of objective analysis of quantitative data and interpretative analysis of qualitative data. The results showed that business and strategic intelligence policies have not been established at either company or state level, as this is an area of activity that is not known to the players in companies and public departments, and there are no units or offices in their organizational structures responsible for managing strategic information for competitiveness on the international market. In addition, there is a real need to establish strategic information management units within companies, upstream, and to set up a national strategic information management department or agency to help local companies compete in the marketplace, downstream. This reflects the importance and timeliness of building business and strategic intelligence policies to ensure economic progress and development in the eastern DRC. Business and strategic intelligence provides companies with an appropriate tool for researching, collecting, processing and disseminating information useful for decision-making among stakeholders, in order to cope with a crisis or competitive situation. The study suggests a number of key recommendations based on its findings. To the government, it is recommended to establish the national policy of business and strategic intelligence by setting up a national agency of strategic intelligence in favor of local companies;and to companies to establish business intelligence units in their organizational structures in favor of stakeholders to foster advantageous decision-making in the competitive market and achieve progress. Finally, the study suggests that studies be carried out to fully understand the opportunities and impact of business and strategic intelligence in African countries, particularly in the DRC.

Policy of giving rewards and subsidies for grassland ecological conservation in Tibetan Plateau

This paper aims to explore the impact of policy of giving rewards and subsidies(GRS) for grassland ecological conservation in Tibetan Plateau implemented by the Chinese government since 2009.Taking Gerze County in Ngari Prefecture in the Tibetan Autonomous Region(TAR) as an example,it discusses the objective,implementation and outcome of that policy with regard to the ecological reconstruction and problems that have ensured.Located in the northern part of the Qiangtang Plateau,Gerze is the largest county in Ngari Prefecture.It covers more than 7.8 million acres of pastureland,of which 6.2 million acres are usable for pastoralism; 3.4 million acres,however,lack water source.In recent decades,due to the increased population and other reasons,pastures of the area have shown signs of overgrazing,thus leading to serious degradation,desertification and salinization of the grassland.Since 2009,when neighboring Coqin County was chosen as a pilot site for the national ecological incentive and subsidy policy(or: ecological compensation policy),Gerze has also started to adopt this policy and brought ful implementation in 2010.Its purpose is to solve the problem of overgrazing.But like other policies carried out in Gerze,its implementation is faced with many challenges.First,it is difficult to define the types and scopes of the incentives and subsidies,which have become a major source of complaints of the local herdsmen.Second,the local herdsmen are also concerned with the fairness of assigning rewards and subsidies.Third,the high cost of the policy's implementation and supervision reduces its effects.Fourth,the fact that the herdsmen are not willing to reduce livestock population makes it difficult for the policy to achieve actual results.The author thinks it's necessary to revise and improve the current ecological incentive and subsidy policy.

Optimization of Structure of Agricultural Insurance Subsidies:A Multi-task Principal Agent Model

Optimizing the structure of agricultural insurance subsidies is of great significance to increasing the supply of agricultural insurance and strengthening the effects of agricultural insurance policies.This paper optimized the structure of agricultural insurance subsidies.It decomposed insurance activities into three parts:underwriting,claim settlement,and agricultural services.Next,it incorporated adverse selection risks,moral hazards,agricultural production and operation risks,insurance company's behavioral decisions and its risk attitudes into the multi-task principal agent analysis framework.Finally,it discussed how the government designs a subsidy mechanism and adjusts the subsidy structure to increase the insurance supply.

Study on the Policies,Science and Technology Support to Impel the Development of Recreational Agriculture in Hainan

The current situation of the recreational agriculture development in Hainan was analyzed. The problems of imperfect security system,unsound policies and regulations,scant government support,low enthusiasm for developing recreational agriculture,lacking science and technology support and less special competitive products in Hainan were discussed. Through the reference of foreign countries and Taiwan Region policy support and legislative experience on recreational agriculture,it was recommended to perfect the policy system,develop the leading role of the government,enhance the legislation and supervision,pay attention to science and technology support,in order to promote the healthy sustainable development of recreational agriculture in Hainan.

Agricultural Policy Simulation Based on Computable General Equilibrium Model

[Objective] This study aimed to examine the simulated effect of Computable General Equilibrium （CGE）-based agricultural policy simulation system. [Method] The policy simulation platform based on CGE model was constructed by integrating policy simulation, CGE model and Decision Supporting System （DSS）. The scenario analysis method was used to analyze the agricultural subsides policy simulation through empirical analysis. [Result] Farmers were the main beneficiaries of increasing agricultural production subsidies, which increased farmers＇ income and improved the export of agriculture products. The prototype system could solve the problems in actual policy simulation. [Conclusion] The results lay the foundation for the quantitative study on agricultural subsidy policy in China.

Subsidy Policy System for Agricultural Natural Disasters in China

From theories and cases,this paper analyzed current situation of subsidy policy system for agricultural natural disasters in China.Improvement and perfection of subsidy policies for agricultural natural disasters need clear classification and additional special subsidy plan.It is recommended to improve and perfect subsidy policy system for agricultural natural disasters through attaching importance to scientific studies on reduction and prevention of agricultural disasters and gradually supplementing agricultural disaster reduction and prevention system.

Research on Agricultural Subsidy Policy Adjustment under the Guidance of Green Development

Although China's agricultural subsidies have played a certain positive role,they also have some negative effects. This paper analyzes the relationship between agricultural green development and agricultural subsidies,points out the incompatibility between agricultural subsidies and agricultural green development at this stage. Finally,aimed at adjusting agricultural subsidy policy to promote agricultural green development,the article puts forward the corresponding measures and recommendations.

Development Stage and Evolution Cause of European Union Agriculture and Suggestions for Chinese Agricultural Development

Agriculture is a basic industry related to national economy and people’s livelihood,and is also the cornerstone of national economic development. European Union(EU) is the second largest exporter of agricultural products in the world,and its agricultural production change has international influence. In this paper,starting from two angles of EU agricultural development scale and target,development stage of its agricultural production is explored,and development and evolution causes of EU agriculture are analyzed: efficiency and benefit targets cause change of EU agricultural management model; change of agricultural product supply-demand pattern leads the evolution of EU agricultural development idea; the reflection of agricultural development target impels the transformation of EU agricultural development. On this basis,the below conclusions are obtained: agricultural development could evolve according to the changes of economic and social conditions; it is a necessary requirement of promoting internal market stability and international market harmony to actively use agricultural support policies adapting to agricultural development at each stage; it is an important measurement of impelling agricultural modernization process to promote innovation of agricultural management model and development of market integration; it is an inevitable road of realizing sustainable development of agriculture to develop ecological agriculture and emphasize equal development of agriculture and countryside. On this basis,it could provide the reference for agricultural development of China based on EU agricultural development experience.