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Fluctuation and Cycle of Pork Price in China

Author

Listed:
  • Nie, Fengying
  • Dong, Ling
  • Bi, Jieying

Abstract

By using Census x12 Seasonal Adjustment Method and Hodrick-Prescott Filter Method, Frequency (band-pass) Filter Method, it was found that there are obvious and regular seasonal feature in the fluctuation of pork price in China; Unexpected event or contingency shocks affect pork price significantly; Over the long-term view, pork price displays a rising trend; Pork price fluctuation approximately experienced 3 complete cycles from Jan, 1996 to May, 2009. The length of the cycles is between 37 and 49 months, and the average length is 42.33 months.

Suggested Citation

  • Nie, Fengying & Dong, Ling & Bi, Jieying, 2009. "Fluctuation and Cycle of Pork Price in China," 2009 Conference, August 16-22, 2009, Beijing, China 51654, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaae09:51654
    DOI: 10.22004/ag.econ.51654
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    References listed on IDEAS

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    1. Nicholas Kaldor, 1934. "A Classificatory Note on the Determinateness of Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 1(2), pages 122-136.
    2. Mordecai Ezekiel, 1938. "The Cobweb Theorem," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 52(2), pages 255-280.
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    Cited by:

    1. Jinyang Cai & Yu Hong & Meifang Zhou & Ruifa Hu & Fengxiang Ding, 2023. "Farmer field school participation and exit decisions in hog production: A case study from Beijing," Agribusiness, John Wiley & Sons, Ltd., vol. 39(2), pages 549-563, March.

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    Keywords

    Demand and Price Analysis;

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