The paper studies the relationship, adjustment ability, path, efficiency and intensity of price transmission in the swine industry chain in China, which consists of the prices of corn, compound feed for fattening pig,...The paper studies the relationship, adjustment ability, path, efficiency and intensity of price transmission in the swine industry chain in China, which consists of the prices of corn, compound feed for fattening pig, piglet, pig and pork. Monthly prices covering a period of 18 yr (1994-2011) are analyzed using a Market-Chain Cooperated Model (MCM). The empirical results show that there exists a stable long-term cointegration and short-term dynamic relationship in the price system. First, the adjustment speed of each price series is very slow and the transmission path is top-down and one-way significantly. Second, the price from upstream to downstream lags about 2 mort, while there is no lag in price transmission from midstream to downstream. Third, in terms of price transmission intensity, the price of pig impacted greatly on pork price, not only in the current period but also through the whole period. Besides, the price of corn has the largest lagged effects on pork price. According to the above empirical results, we suggest that government should strengthen monitoring and early warning of the swine industry chain, especially the upstream and midstream, attach great importance to the timely adjustment of feed prices and perfect the measures of price subsidy.展开更多
通过对1949年至今全国大豆(Glycine max L.)历史数据的整理,详细分析了各地区大豆产量、播种面积和单产变动规律、分布特征和波动周期,探讨了影响中国大豆生产的重要因素,建立了中国大豆单产预测模型(指数拟合曲线、线性拟合曲线和多项...通过对1949年至今全国大豆(Glycine max L.)历史数据的整理,详细分析了各地区大豆产量、播种面积和单产变动规律、分布特征和波动周期,探讨了影响中国大豆生产的重要因素,建立了中国大豆单产预测模型(指数拟合曲线、线性拟合曲线和多项式拟合曲线),对未来(2020—2035年)中国大豆产量进行展望。研究发现,中华人民共和国成立以来中国大豆产量的增加主要来自单产增长;与其他粮食品种相比,中国大豆生产表现出生产地区相对集中、产量波动频率高、波动周期短和波动幅度大的特点;预计2030年中国大豆产量将达0.25亿t,到2035年将增加至0.27亿t,低于美国、巴西等国家的产量水平,但远高于加拿大、澳大利亚以及印度等国家。展开更多
The primary goal of Chinese agricultural development is to guarantee national food security and supply of major agricultural products. Hence, the scientiifc work on agricultural monitoring and early warning as wel as ...The primary goal of Chinese agricultural development is to guarantee national food security and supply of major agricultural products. Hence, the scientiifc work on agricultural monitoring and early warning as wel as agricultural outlook must be strengthened. In this study, we develop the China Agricultural Monitoring and Early-warning System (CAMES) on the basis of a comparative study of domestic and international agricultural outlook models. The system is a dynamic and multi-market partial equilibrium model that integrates biological mechanisms with economic mechanisms. This system, which includes 11 categories of 953 kinds of agricultural products, could dynamical y project agricultural market supply and demand, assess food security, and conduct scenario analysis at different spatial levels, time scale levels, and macro-micro levels. Based on the CAMES, the production, consumption, and trade of the major agricultural products in China over the next decade are projected. The fol owing conclusions are drawn:i) The production of major agricultural products wil continue to grow steadily, mainly because of the increase in yield. i ) The growth of agricultural consumption wil be slightly higher than that of agricultural production. Meanwhile, a high self-sufifciency rate is expected for cereals such as rice, wheat, and maize, with the rate being stable at around 97%. i i) Agricultural trade wil continue to thrive. The growth of soybean and milk im-ports wil slow down, but the growth of traditional agricultural exports such as vegetables and fruits is expected to continue.展开更多
This paper studies how the price movements of pork,chicken and egg respond to those of related cost factors in short terms in Chinese market.We employ a linear quantile approach not only to explore potential data hete...This paper studies how the price movements of pork,chicken and egg respond to those of related cost factors in short terms in Chinese market.We employ a linear quantile approach not only to explore potential data heteroscedasticity but also to generate confidence bands for the purpose of price stability study.We then evaluate our models by comparing the prediction intervals generated from the quantile regression models with in-sample and out-of-sample forecasts.Using monthly data from January 2000 to October 2010,we observed these findings:(i) the price changes of cost factors asymmetrically and unequally influence those of the livestock across different quantiles;(ii) the performance of our models is robust and consistent for both in-sample and out-of-sample forecasts;(iii) the confidence intervals generated from 0.05th and 0.95th quantile regression models are good methods to forecast livestock price fluctuation.展开更多
This paper establishes a short-term prediction model of weekly retail prices for eggs based on chaotic neural network with the weekly retail prices of eggs from January 2008 to December 2012 in China.In the process of...This paper establishes a short-term prediction model of weekly retail prices for eggs based on chaotic neural network with the weekly retail prices of eggs from January 2008 to December 2012 in China.In the process of determining the structure of the chaotic neural network,the number of input layer nodes of the network is calculated by reconstructing phase space and computing its saturated embedding dimension,and then the number of hidden layer nodes is estimated by trial and error.Finally,this model is applied to predict the retail prices of eggs and compared with ARIMA.The result shows that the chaotic neural network has better nonlinear fitting ability and higher precision in the prediction of weekly retail price of eggs.The empirical result also shows that the chaotic neural network can be widely used in the field of short-term prediction of agricultural prices.展开更多
基金supported by the Key Projects of National Key Technology R&D Program during the 12th Five-Year Plan period(2012BAH20B04)the 948 Program of MoA of China(2012-Z1)the Technology and Construction of Agricultural Information Monitoring and Early Warning System of China(2012-ZL017)
文摘The paper studies the relationship, adjustment ability, path, efficiency and intensity of price transmission in the swine industry chain in China, which consists of the prices of corn, compound feed for fattening pig, piglet, pig and pork. Monthly prices covering a period of 18 yr (1994-2011) are analyzed using a Market-Chain Cooperated Model (MCM). The empirical results show that there exists a stable long-term cointegration and short-term dynamic relationship in the price system. First, the adjustment speed of each price series is very slow and the transmission path is top-down and one-way significantly. Second, the price from upstream to downstream lags about 2 mort, while there is no lag in price transmission from midstream to downstream. Third, in terms of price transmission intensity, the price of pig impacted greatly on pork price, not only in the current period but also through the whole period. Besides, the price of corn has the largest lagged effects on pork price. According to the above empirical results, we suggest that government should strengthen monitoring and early warning of the swine industry chain, especially the upstream and midstream, attach great importance to the timely adjustment of feed prices and perfect the measures of price subsidy.
文摘通过对1949年至今全国大豆(Glycine max L.)历史数据的整理,详细分析了各地区大豆产量、播种面积和单产变动规律、分布特征和波动周期,探讨了影响中国大豆生产的重要因素,建立了中国大豆单产预测模型(指数拟合曲线、线性拟合曲线和多项式拟合曲线),对未来(2020—2035年)中国大豆产量进行展望。研究发现,中华人民共和国成立以来中国大豆产量的增加主要来自单产增长;与其他粮食品种相比,中国大豆生产表现出生产地区相对集中、产量波动频率高、波动周期短和波动幅度大的特点;预计2030年中国大豆产量将达0.25亿t,到2035年将增加至0.27亿t,低于美国、巴西等国家的产量水平,但远高于加拿大、澳大利亚以及印度等国家。
基金supported by the National Natural Science Foundation of China (71303238)the National Science and Technology Support Plan Projects (2012BAH20B04)the compilation group of the China Agricultural Outlook Report (2015–2024)
文摘The primary goal of Chinese agricultural development is to guarantee national food security and supply of major agricultural products. Hence, the scientiifc work on agricultural monitoring and early warning as wel as agricultural outlook must be strengthened. In this study, we develop the China Agricultural Monitoring and Early-warning System (CAMES) on the basis of a comparative study of domestic and international agricultural outlook models. The system is a dynamic and multi-market partial equilibrium model that integrates biological mechanisms with economic mechanisms. This system, which includes 11 categories of 953 kinds of agricultural products, could dynamical y project agricultural market supply and demand, assess food security, and conduct scenario analysis at different spatial levels, time scale levels, and macro-micro levels. Based on the CAMES, the production, consumption, and trade of the major agricultural products in China over the next decade are projected. The fol owing conclusions are drawn:i) The production of major agricultural products wil continue to grow steadily, mainly because of the increase in yield. i ) The growth of agricultural consumption wil be slightly higher than that of agricultural production. Meanwhile, a high self-sufifciency rate is expected for cereals such as rice, wheat, and maize, with the rate being stable at around 97%. i i) Agricultural trade wil continue to thrive. The growth of soybean and milk im-ports wil slow down, but the growth of traditional agricultural exports such as vegetables and fruits is expected to continue.
基金supported by the Key Project of National Key Technology R&D Program of China(2009BADA9B01)
文摘This paper studies how the price movements of pork,chicken and egg respond to those of related cost factors in short terms in Chinese market.We employ a linear quantile approach not only to explore potential data heteroscedasticity but also to generate confidence bands for the purpose of price stability study.We then evaluate our models by comparing the prediction intervals generated from the quantile regression models with in-sample and out-of-sample forecasts.Using monthly data from January 2000 to October 2010,we observed these findings:(i) the price changes of cost factors asymmetrically and unequally influence those of the livestock across different quantiles;(ii) the performance of our models is robust and consistent for both in-sample and out-of-sample forecasts;(iii) the confidence intervals generated from 0.05th and 0.95th quantile regression models are good methods to forecast livestock price fluctuation.
基金financially supported by the National KeyTechnology R&D Program during the 12th Five-Year Plan period(2012BAH20B04)the 948 Program of Ministry of Agriculture,China(2013-Z1)
文摘This paper establishes a short-term prediction model of weekly retail prices for eggs based on chaotic neural network with the weekly retail prices of eggs from January 2008 to December 2012 in China.In the process of determining the structure of the chaotic neural network,the number of input layer nodes of the network is calculated by reconstructing phase space and computing its saturated embedding dimension,and then the number of hidden layer nodes is estimated by trial and error.Finally,this model is applied to predict the retail prices of eggs and compared with ARIMA.The result shows that the chaotic neural network has better nonlinear fitting ability and higher precision in the prediction of weekly retail price of eggs.The empirical result also shows that the chaotic neural network can be widely used in the field of short-term prediction of agricultural prices.