Template-Type: ReDIF-Article 1.0 Author-Name: Penglong Li Author-Workplace-Name: Institute of Food and Strategic Reserves, Nanjing University of Finance and Economics, Nanjing, P. R. China Author-Name: Xuan Ye Author-Workplace-Name: School of Finance, Nanjing University of Finance and Economics, Nanjing, P. R. China Title: Research on the promotion effect and mechanisms of digital empowerment of food enterprises Abstract: Based on panel data from 2010 to 2020 of 151 A-share listed food-related enterprises in China, this research uses a fixed-effect model to analyse the impact of digital transformation on total factor productivity (TFP) in food-related enterprises. Our findings indicated that digital transformation has a positive and significant catalytic effect on TFP improvement in food-related enterprises. The mechanism test revealed that both cost-saving and innovation capacity enhancement effects of digital transformation contributed to the promotion of TFP improvement in these enterprises. Moreover, our heterogeneity analysis suggested that digital transformation is more effective in enhancing TFP in state-owned enterprises (SOEs) in the food-related industry, indicating that SOEs play a representative role in promoting advanced productivity in agricultural development. We also found that capital-intensive and technology-intensitve food-related enterprises were experiencing productivity paradox traps. Our results confirmed that digital transformation brings catch-up effects to labor-intensive food-related enterprises and those located in major grain production regions. Overall, this research can provide valuable insights for policymakers to upgrade the digital-enabled food industry. Keywords: digital transformation, food-related enterprises, mechanism testing, total factor productivity Journal: Agricultural Economics Pages: 60-72 Volume: 70 Issue: 2 Year: 2024 DOI: 10.17221/271/2023-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/271/2023-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-202402-0001.txt Handle: RePEc:caa:jnlage:v:70:y:2024:i:2:id:271-2023-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Raisa Pérez-Vas Author-Workplace-Name: Department of Financial Economics and Accounting, Faculty of Economics and Business Administration, University of Vigo, Vigo, Spain Author-Name: Javier Hervés-Estévez Author-Workplace-Name: Department of Mathematics, Faculty of Economics and Business Administration, University of Vigo, Vigo, Spain Author-Name: María Dolores Garza Gil Author-Workplace-Name: Department of Applied Economics, Faculty of Economics and Business Administration, University of Vigo, Vigo, Spain Author-Name: Raquel Fernández-González Author-Workplace-Name: Department of Applied Economics, Faculty of Economics and Business Administration, University of Vigo, Vigo, Spain Title: Valuation of an innovative investment project using real options approach: A case study of a viticulture company in Spain Abstract: In Spain, the leader in pesticide sales in the European Union, a high-tech and innovative company provides services to the wine industry to optimise phytosanitary work, reduce crop losses and lower production costs. Although the nature of its business encourages the transition to a sustainable agri-food system, it also involves risks associated with uncertainty. The objective of this article was to perform the valuation of the company through the real options approach, including an expansion option, analysing whether this company will be able to increase the value of its project by expanding its activity to a larger number of vineyards. Results showed that the application of the real options approach projected a higher result than the traditional net present value method, so that if the company makes additional investments in its precision agriculture project, these will increase the value by a 15%. Keywords: company valuation, efficient resource management, innovation processes, precision agriculture Journal: Agricultural Economics Pages: 91-100 Volume: 70 Issue: 2 Year: 2024 DOI: 10.17221/299/2023-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/299/2023-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-202402-0002.txt Handle: RePEc:caa:jnlage:v:70:y:2024:i:2:id:299-2023-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Fallah Samuel Kassoh Author-Workplace-Name: College of Economics and Management, South China Agricultural University, Guangzhou, P. R. China Author-Workplace-Name: Sierra Leone Agricultural Research Institute, Freetown, Sierra Leone Author-Name: Baichen Jiang Author-Workplace-Name: College of Economics and Management, South China Agricultural University, Guangzhou, P. R. China Author-Name: Achara Boonkong Author-Workplace-Name: College of Economics and Management, South China Agricultural University, Guangzhou, P. R. China Author-Name: Hui Li Author-Workplace-Name: College of Economics and Management, South China Agricultural University, Guangzhou, P. R. China Author-Workplace-Name: College of Public Administration, South China Agricultural University, Guangzhou, P. R. China Author-Workplace-Name: College of Nature Resources and Environment, South China Agricultural University, Guangzhou, P. R. China Author-Name: Abdelrahman Ali Author-Workplace-Name: College of Economics and Management, South China Agricultural University, Guangzhou, P. R. China Author-Workplace-Name: Department of Agricultural Economics, Faculty of Agricultural, Fayoum University, Fayoum, Egypt Author-Name: Tanapon Srisukwatanachai Author-Workplace-Name: College of Economics and Management, South China Agricultural University, Guangzhou, P. R. China Title: Understanding the cross-cultural chicken consumers' behavior Abstract: Concerns for human health and food safety are gaining momentum in emerging and developing nations as well as in food research due to the reputations that products have established over time. Understanding cross-cultural consumers' purchasing behaviour for chicken meat (CM) could provide valuable insights into the global food sector since it is the most consumed meat worldwide. This study examines the effect of buying features (BF), culture factors, behavioural attitudes (BA), subjective norms (SN) and perceived behavioural control (BC) on CM actual purchase behaviour (APB) in China and Sierra Leone. Primary data were sourced from 588 Chinese and 410 Sierra Leonean participants. We adopt structural equation modelling (SEM) to verify the model and test the associations between the variables. The SEM results confirm that BF, BA, SN and BC stimulate customers' intent and actual purchase of CM in both nations. The findings indicate that cultural factors (CF) significantly moderates the association between the independent constructs (BF, BA, SN and BC) and APB in Sierra Leonean markets. This study provides significant insights for chicken industry stakeholders that can help them increase CM sales along the supply chain via a marketing strategy focused on cultural and psychological factors. Keywords: buying features, behavioural attitudes, chicken meat, cultural factors, consumer behaviour Journal: Agricultural Economics Pages: 73-90 Volume: 70 Issue: 2 Year: 2024 DOI: 10.17221/331/2023-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/331/2023-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-202402-0003.txt Handle: RePEc:caa:jnlage:v:70:y:2024:i:2:id:331-2023-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Shah Johir Rayhan Author-Workplace-Name: Institute of Agricultural Economics and Development, Chinese Academy of Agricultural Sciences (CAAS), Beijing, P.R. China Author-Workplace-Name: Department of Agricultural Finance and Management, Sher-e-Bangla Agricultural University, Sher-e-Bangla Nagar, Dhaka, Bangladesh Author-Name: Md. Sadique Rahman Author-Workplace-Name: Department of Agricultural Finance and Management, Sher-e-Bangla Agricultural University, Sher-e-Bangla Nagar, Dhaka, Bangladesh Author-Name: Kaiyu Lyu Author-Workplace-Name: Institute of Agricultural Economics and Development, Chinese Academy of Agricultural Sciences (CAAS), Beijing, P.R. China Title: Increasing Boro rice productivity through credit: Evidence from Bangladesh Abstract: Rice productivity needs to be increased to feed Bangladesh's growing population. Productivity can be increased by adopting improved varieties and management practices, which require additional capital inputs. In this article, we aim to estimate the effect of formal and semiformal credit on rice productivity in Bangladesh. We surveyed 500 rice farmers to achieve these objectives. We used descriptive statistics, propensity score matching and Heckman's endogenous treatment effect model to analyse the data. The findings indicate that literacy, television ownership and training positively influenced access to formal credit. In general, credit recipients achieved higher productivity than did non-recipients. In the situation of credit source-specific effect, we found mixed results. Given the estimated difference of 438 kg/ha to 495 kg/ha, the results indicated that formal credit recipients had significantly higher productivity than did formal credit non-recipients. In contrast, endogenous treatment effect model results suggested that both formal and semiformal sources of credit had a significant effect on rice productivity. Increased agricultural loan disbursement through formal and semiformal credit institutions is strongly advocated. Farmers' decision-making abilities regarding the most effective source of credit can be improved through training in financial literacy. The central bank of Bangladesh, along with the credit regulatory authorities of non-governmental organisations, can implement appropriate agricultural credit programmes for farmers. Keywords: agricultural loan, formal credit, Heckman', s endogenous treatment effect, propensity score matching, semiformal Journal: Agricultural Economics Pages: 49-59 Volume: 70 Issue: 2 Year: 2024 DOI: 10.17221/341/2023-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/341/2023-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-202402-0004.txt Handle: RePEc:caa:jnlage:v:70:y:2024:i:2:id:341-2023-AGRICECON