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Subsidy policies of a fresh supply chain considering the inputs of blockchain traceability service system

Author

Listed:
  • Pan Liu
  • Xiaoyan Cui
  • Ye Li

Abstract

To stimulate the development and application of blockchain technology, Chinese government put forward subsidy strategy. To explore the subsidy policies under the new background, we chose a fresh supply chain with one producer, one blockchain-based traceability service provider, and one retailer as the research object, and government subsidy strategies were divided into a fixed strategy and a varying strategy. Afterward, considering the trust level of blockchain-based traceability information and consumers’ preference to the blockchain-based traceability information, we revised the demand function, and three subsidy models were proposed and analyzed. Findings: (1) the varying subsidy will help the retailer, the producer, and the traceability service provider set lower prices. (2) Meanwhile, the varying subsidies offered to the blockchain-based traceability service provider and the producer will help the whole supply chain members obtain more revenues.

Suggested Citation

  • Pan Liu & Xiaoyan Cui & Ye Li, 2023. "Subsidy policies of a fresh supply chain considering the inputs of blockchain traceability service system," Science and Public Policy, Oxford University Press, vol. 50(1), pages 72-86.
    • Handle: RePEc:oup:scippl:v:50:y:2023:i:1:p:72-86.
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    File URL: http://hdl.handle.net/10.1093/scipol/scac044
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