Does financial support improve the economic effect of agricultural enterprises?

Qinqin Fan, Liming Wang and Wei Jia

Applied Economics, 2024, vol. 56, issue 54, 7125-7138

Abstract: What types of agricultural enterprises should be supported by finance to improve the economic effect? The paper applies the panel data from Chinese agricultural enterprises from 2014 to 2019, and uses the Heckman two-stage method and fixed effects model to test the relationship between financial support and the economic effects of agricultural enterprises (AEs) from the perspectives of ‘who was supported’ and ‘who benefited’. The results showed that finance tended to support agricultural enterprises with large scale and low productivity; agricultural enterprises with specialized R&D institutions, state-owned and export enterprises are easier to receive financial support and the larger scale of financial support. Financial support improved the economic effect of agricultural enterprises. Heterogeneity analysis showed that financial support has a significant positive impact on agricultural enterprises sales revenue and total factor productivity in western, grain and private enterprises.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/00036846.2023.2277699 (text/html)
Access to full text is restricted to subscribers.

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:taf:applec:v:56:y:2024:i:54:p:7125-7138

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/00036846.2023.2277699

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().