The Research of the Interactive Relationship Based on the VAR Model between the Prices of Pork, Soybeans and Corn
Siyu Mo, Wen Han
Available Online November 2016.
- https://doi.org/10.2991/rac-16.2016.119How to use a DOI?
- VAR model; pork price; soybean price; corn price; interactive relationship; Guizhou province
- The research of the interactive relationship based on the VAR model between the prices of pork, soybeans and corn in Guizhou, provides reasonable reference to make effective policy of adjusting pork price regularly, and establish the necessary warning system for the production of the pigs. The article take the example of the prices of pork, soybeans and corn from August 1th, 2014 to April 30th, 2015 in Guizhou uses the Vector Auto regression model, and through the impulse response function and the variance decomposition and other methods to systematically analyzes the mutual influence between the prices. The results shows that the pork price is influenced most by itself, but it is influenced relatively less by the prices of corn and soybean .The prices between corn and soybean have interactive effect but the degree is small. Finally, we propose method to maintain the stability of the pork market price in Guizhou.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Siyu Mo AU - Wen Han PY - 2016/11 DA - 2016/11 TI - The Research of the Interactive Relationship Based on the VAR Model between the Prices of Pork, Soybeans and Corn BT - 7th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC-2016) PB - Atlantis Press SP - 739 EP - 745 SN - 1951-6851 UR - https://doi.org/10.2991/rac-16.2016.119 DO - https://doi.org/10.2991/rac-16.2016.119 ID - Mo2016/11 ER -