Equilibrium Analysis of the Supply Chain of Special Agricultural Products in Hunan Province - A Case Study of the Citrus Industry

Abstract

This paper carries out a case study of the industrial supply chain of citrus, the main agricultural product in Hunan province, employs the traditional Walrasian Equilibrium Model to evaluate the development of the citrus supply chain industry, uses the systematic equilibrium model and all layers of equilibrium models to analyze the independent decision-making behavior of yield, price and total output value as well as their interaction, and finally verifies the rationale behind the location choice of the citrus supply chain.