Agricultural economic security under the model of integrated agricultural industry development

Main Article Content

Ning Chen
Hanxiong Li

Keywords

integrated agricultural industry, agricultural economic security, risk spillover effect, vector autoregression model, blockchain, regulatory mechanisms, data security

Abstract

As globalization and technological advancements progress, the integrated agricultural industry development model has become crucial for agricultural modernization. This model fosters inter-industry integration, enhancing agricultural competitiveness and sustainability. However, it also introduces new challenges, such as increased risk spillover and outdated regulatory mechanisms. This study employs a vector autoregression (VAR) model and a directed weighted risk spillover network for a quantitative analysis of risk dynamics within agricultural markets, identifying pathways and influencers of risk transmission across industry segments. A blockchain-based regulatory framework is proposed to improve traceability, regulatory efficiency, and data security in agricultural product management. This includes the development of registration processes, smart contracts, consensus mechanisms, and data upload protocols. The research expands the theoretical base of agricultural economic security and offers practical policy guidance, with substantial academic and practical implications. It highlights how blockchain can address market trust issues, mitigate information asymmetry, and reduce potential risks, contributing to the healthier development of agricultural economy.

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