Proceedings of the 2013 International Conference on Advanced ICT and Education

Who determines food prices? ---Based on the Simulation analysis of China Economy-wide Multi-market Model

Authors
Xu Shi-wei, Zhang Yu-mei, Li Zhe-min, Kong Fan-tao, Wang Yu, Cui Li-guo
Corresponding Author
Xu Shi-wei
Available Online August 2013.
DOI
https://doi.org/10.2991/icaicte.2013.160How to use a DOI?
Keywords
food price, China Economy-wide Multi-market Model (CEMM), simulation
Abstract
Food prices kept rising up and had affected residents’ life quality during recent years. Food prices trends and the determinants behind attract wide attentions. China Economy-wide Multi-market Model(CEMM) is constructed to simulate the price effects of supply and demand in this paper. Three scenarios are designed to access the price effects of supply, demand and their combine effects, respectively. The results shows that the production costs rising and constrained supply are the main important factors which lead to food prices rising. The boosting demand for maize as industrial use and livestock products also put a great pressure on food price rising. Ensuring the supply of main grains and meats is one of important tasks for the government to stabilize the price. So, the fourth scenario is designed to evaluate the price effects of the increase in production. The model simulation results evident that the improvement of productivity is an effective measure to slow rising food price.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Proceedings
2013 International Conference on Advanced ICT and Education (ICAICTE-13)
Part of series
Advances in Intelligent Systems Research
Publication Date
August 2013
ISBN
978-90786-77-79-6
ISSN
1951-6851
DOI
https://doi.org/10.2991/icaicte.2013.160How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Xu Shi-wei
AU  - Zhang Yu-mei
AU  - Li Zhe-min
AU  - Kong Fan-tao
AU  - Wang Yu
AU  - Cui Li-guo
PY  - 2013/08
DA  - 2013/08
TI  - Who determines food prices? ---Based on the Simulation analysis of China Economy-wide Multi-market Model
BT  - 2013 International Conference on Advanced ICT and Education (ICAICTE-13)
PB  - Atlantis Press
SP  - 773
EP  - 781
SN  - 1951-6851
UR  - https://doi.org/10.2991/icaicte.2013.160
DO  - https://doi.org/10.2991/icaicte.2013.160
ID  - Shi-wei2013/08
ER  -