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

DOI

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.

Copyright

© 2014, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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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  - Proceedings of the 2014 International Conference on Management Science and Management Innovation
PB  - Atlantis Press
SP  - 447
EP  - 452
SN  - 2352-5428
UR  - https://doi.org/10.2991/msmi-14.2014.81
DO  - 10.2991/msmi-14.2014.81
ID  - Yu2014/06
ER  -