IDEAS home Printed from https://ideas.repec.org/a/ags/reowae/410385.html

Digital Economy Transformation and Sustainable Development of Agricultural Enterprises: A Study on Supply Chain Finance Innovation and Environmental Governance in Rural Areas

Author

Listed:
  • Song, He

Abstract

This study examines digital economy transformation's impact on agricultural enterprises' sustainable competitiveness through supply chain finance innovation and environmental governance mechanisms. Against the backdrop of global agricultural digitalisation projected to reach $22.5 billion by 2025, with agricultural supply chain finance comprising 18.7% of total agricultural financing, this research employs hierarchical regression analysis and structural equation modelling on comprehensive data from 847 farms across twelve major farming regions spanning 2018–2023. The analysis reveals that innovative agricultural supply chain finance significantly enhances environmental governance effectiveness (β = 0.412, p < 0.01), with crop farming demonstrating stronger effects (β = 0.456) than livestock operations (β = 0.378). Smart farming technologies emerge as crucial mediators, accounting for 32.9% of this relationship with substantial mediation effects (β = 0.345, p < 0.01). Institutional support exhibits significant positive moderation (β = 0.228, p < 0.01), particularly through agricultural subsidies and rural financial policies. Heterogeneity analysis demonstrates pronounced variations across agricultural contexts, with large-scale farming operations (β = 0.467), agricultural cooperatives (β = 0.423), and enterprises in developed agricultural regions (β = 0.445) experiencing amplified positive impacts. These findings elucidate the mechanisms through which digital financial innovation advances agricultural sustainability via enhanced technological capabilities while underscoring the critical role of supportive agricultural policies. The research provides valuable insights for policymakers and practitioners seeking to design effective strategies that leverage innovative financial mechanisms to strengthen environmental governance within agricultural enterprises.

Suggested Citation

  • Song, He, 2025. "Digital Economy Transformation and Sustainable Development of Agricultural Enterprises: A Study on Supply Chain Finance Innovation and Environmental Governance in Rural Areas," Research on World Agricultural Economy, Nan Yang Academy of Sciences Pte Ltd (NASS), vol. 6(3), July.
    • Handle: RePEc:ags:reowae:410385
    DOI: 10.22004/ag.econ.410385
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/410385/files/686e3815304b5.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.410385?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:reowae:410385. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.nassg.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.