Study on the Transmission Mechanism of Price of Cattle and Sheep in China
Jie Yu, Xiao Han, Zhong-Wei He, Fang Liu
Available Online June 2014.
- https://doi.org/10.2991/msmi-14.2014.81How to use a DOI?
- Cattle and sheep industry, Long-term equilibrium price, Price protection mechanism.
- 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.
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 -