Decomposition and measurement for conduction and interaction of pig price fluctuation in Guangdong

The price conduction and interaction in the circulation of agricultural products affect the development of the whole swine industry. In recent years, the imbalance between the conduction and interaction of the price of pork has caused the contradiction between residents' consumption and pig bre...

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Bibliographic Details
Published in:IOP conference series. Earth and environmental science 2018-08, Vol.185 (1), p.12038
Main Authors: Fang, W, Liang, J F, Kang, L, Lin, M T
Format: Article
Language:English
Subjects:
Agricultural development
Agricultural products
Animal husbandry
Conduction
Decomposition
Livestock breeding
Pork
Statistical analysis
Swine
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Summary:The price conduction and interaction in the circulation of agricultural products affect the development of the whole swine industry. In recent years, the imbalance between the conduction and interaction of the price of pork has caused the contradiction between residents' consumption and pig breeding enterprises. In this paper, Granger causality test, pulse function test and variance decomposition test were conducted on price fluctuations in the processes of production, wholesale and retail based on VAR model, it was found that the price fluctuation in the production, wholesale and retail of pig market in Guangdong obviously presents the characteristic of "demand driving and the tendency of "cost push" is not statistically significant.
ISSN:1755-1307
1755-1315
1755-1315
DOI:10.1088/1755-1315/185/1/012038