Impacts of external shocks on the decisions of hog supply chains under liquidity constraints from the perspective of commercial credit.

ABSTRACT: Certain attributes of the hog industry increase the production risk in nodal enterprises of the hog supply chain, leading to high financing costs and eventually resulting in liquidity constraints. When the hog supply chain node enterprises are subjected to external shocks, on the basis of the commercial credit relationship in the supply chain, the entire supply chain generates liquidity risks and systemic risks. We analyze the input and output of the hog supply chain node enterprises under the constraint of liquidity, construct the mathematical model, discuss the dynamic differences of liquidity constraints in different situations, and measures the commercial credit risk and anti-risk ability of the pig supply chain node enterprises. If the external shock is less than a certain value, the

SUBMITTER: Wang J 

PROVIDER: S-EPMC6398844 | biostudies-literature | 2019

REPOSITORIES: biostudies-literature