Can Agricultural Support and Protection Subsidy Policies Promote High-Quality Development of Grain Industry? A Case Study of China

Meijun Zhu, Kengcheng Zheng, Baoliu Liu and Fang Jin ()
Additional contact information
Meijun Zhu: School of Economics, Wuhan Business University, Wuhan 430056, China
Kengcheng Zheng: School of Public Finance and Taxation, Zhongnan University of Economics and Law, Wuhan 430073, China
Baoliu Liu: School of Economics and Management, Beijing University of Technology, Beijing 100124, China
Fang Jin: School of Management, Wuhan Polytechnic University, Wuhan 430205, China

Agriculture, 2024, vol. 14, issue 10, 1-22

Abstract: The issue of grain quality has attracted increasing attention with the gradual growth and stabilization of grain output. We take the successive agricultural support and protection subsidy policies introduced in 2015 as a quasi-natural experiment and use a multi-period double-difference model to analyze a panel of data from 298 prefecture-level cities in China from 2007 to 2020. Our findings confirm that implementing agricultural support protection subsidy policies has had initial success regarding grain output growth and quality improvement at the point of contradiction. This success is also due to its scale and technology effects, which can ensure that grain output and quality have achieved growth. The level of agricultural machinery also plays a crucial positive role in the impact of the subsidy policy on food production and food security. Further heterogeneity analysis shows that the impacts of agricultural support and protection subsidy policies on food quality and yield security differ significantly across different geographic regions, food crop production, and pollutant type levels. Therefore, the positive impact of subsidy policies on the food industry should be better promoted to enhance the sustainability and competitiveness of agriculture.

Keywords: financial subsidies; agricultural support protection subsidies; food quality; food yield; high-quality development (search for similar items in EconPapers)
JEL-codes: Q1 Q10 Q11 Q12 Q13 Q14 Q15 Q16 Q17 Q18 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2077-0472/14/10/1664/pdf (application/pdf)
https://www.mdpi.com/2077-0472/14/10/1664/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jagris:v:14:y:2024:i:10:p:1664-:d:1484336

Access Statistics for this article

Agriculture is currently edited by Ms. Leda Xuan

More articles in Agriculture from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().