Proceedings of the 2014 International Conference on Management Science and Management Innovation

Study on the Transmission Mechanism of Price of Cattle and Sheep in China

Authors
Jie Yu, Xiao Han, Zhong-Wei He, Fang Liu
Corresponding Author
Jie Yu
Available Online June 2014.
DOI
https://doi.org/10.2991/msmi-14.2014.81How to use a DOI?
Keywords
Cattle and sheep industry, Long-term equilibrium price, Price protection mechanism.
Abstract
In this paper, the vector auto regression mode (VAR) is used; Johansen test is conducted among independent variables which sheep and cattle industry chain involved. China's price transmission mechanism is analyzed of. Studies have shown that the presence of cattle and sheep industry chain have long-term equilibrium. Prices of Feed and raw materials of feed for cattle and sheep fluctuations play a decisive role. But cattle and sheep prices fluctuating in recent years, in the long run, equilibrium price exists and cattle sheep industry chain have limited ability to repair itself, the government should improve the existing price protection mechanism to protect cattle sheep industry.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Proceedings
2014 International Conference on Management Science and Management Innovation (MSMI 2014)
Part of series
Advances in Economics, Business and Management Research
Publication Date
June 2014
ISBN
978-94-6252-015-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/msmi-14.2014.81How 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  - Jie Yu
AU  - Xiao Han
AU  - Zhong-Wei He
AU  - Fang Liu
PY  - 2014/06
DA  - 2014/06
TI  - Study on the Transmission Mechanism of Price of Cattle and Sheep in China
BT  - 2014 International Conference on Management Science and Management Innovation (MSMI 2014)
PB  - Atlantis Press
SP  - 447
EP  - 452
SN  - 2352-5428
UR  - https://doi.org/10.2991/msmi-14.2014.81
DO  - https://doi.org/10.2991/msmi-14.2014.81
ID  - Yu2014/06
ER  -