An empirical study on soybean meal period and spot market under the influence of the new crown pneumonia epidemic——Based on econometric models
Authors
Xiao Lyu1, Xiaoxiao Li1, *
1School of Science, Shanghai Institute of Technology, Shanghai, 201418, China
*Corresponding author.
Email: xiaoxiao_li@sit.edu.cn
Corresponding Author
Xiaoxiao Li
Available Online 4 December 2023.
- DOI
- 10.2991/978-94-6463-304-7_66How to use a DOI?
- Keywords
- Time-series model; Econometric models; Soybean meal
- Abstract
Based on econometric model, this paper studies the dynamic correlation between soybean meal spot market and soybean meal spot market under the influence of Covid-19 epidemic by introducing two variables: soybean meal futures closing price and soybean meal spot price by vector autoregressive model It is found that there is a one-way guiding relationship between soybean meal futures price and spot price before and during the epidemic; During the epidemic period, the positive effect between futures price and spot price is more significant, which provides a reliable empirical basis for regulatory thinking.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Xiao Lyu AU - Xiaoxiao Li PY - 2023 DA - 2023/12/04 TI - An empirical study on soybean meal period and spot market under the influence of the new crown pneumonia epidemic——Based on econometric models BT - Proceedings of the 3rd International Conference on Digital Economy and Computer Application (DECA 2023) PB - Atlantis Press SP - 628 EP - 637 SN - 2589-4900 UR - https://doi.org/10.2991/978-94-6463-304-7_66 DO - 10.2991/978-94-6463-304-7_66 ID - Lyu2023 ER -