Agricultural support and spatial price transmission: evidence from China's maize sector

被引：1

作者：

Dai, Jiawu ^{[1
]}

Feng, Yuchen ^{[1
]}

Wang, Yan ^{[1
]}

Wang, Xiuqing ^{[2
]}

机构：

[1] Hunan Normal Univ, Sch Business, Hunan Key Lab Macroecon Big Data Min & Applicat, 36 Lushan Rd, Changsha 410081, Hunan, Peoples R China

[2] China Agr Univ, Coll Econ & Management, 17 Qinghuadong Rd, Beijing 100091, Peoples R China

来源：

INTERNATIONAL FOOD AND AGRIBUSINESS MANAGEMENT REVIEW | 2023年 / 26卷 / 02期

关键词：

price distortion; temporary purchase and storage policy; price transmission; spatial econometrics; PAYMENTS;

D O I：

10.22434/IFAMR2021.0160

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

A market-oriented reform of China's 2016 Temporary Purchase and Storage Policy (TPSP) is important for improving the price-forming mechanism of maize. Using monthly, province-level panel data and a dynamic spatial econometric model, this study distinguishes the heterogeneous spatial price transmissions of maize under officially supportive and market-oriented regimes. Our empirical results show that the spatial transmission of maize prices was remarkably distorted under the TPSP. Simultaneously, its market-oriented reform has greatly reduced regional price differences and generated a more flexible and much smoother spatial price transmission. The reform provides important insights for improving agricultural support regimes for other products in China.

引用

页码：325 / 340

页数：16

共 50 条

[1] Impacts of agricultural price support policy on price variability and welfare: Evidence from China's soybean market
Wang, Wenting
Wei, Longbao
[J]. AGRICULTURAL ECONOMICS, 2021, 52 (01) : 3 - 17
[2] Nonlinear price transmission and asynchronous price bubbles: empirical evidence from China's agricultural futures and spot markets
Mao, Qianqian
Ren, Yanjun
Loy, Jens-Peter
[J]. JOURNAL OF APPLIED ECONOMICS, 2024, 27 (01)
[3] Impact of increasing agricultural domestic support on China's food prices considering incomplete international agricultural price transmission
Yang, Fan
Urban, Kirsten
Brockmeier, Martina
Bekkers, Eddy
Francois, Joseph
[J]. CHINA AGRICULTURAL ECONOMIC REVIEW, 2017, 9 (04) : 535 - 557
[4] Price bubbles of agricultural commodities: evidence from China's futures market
Chen, Zhuo
Yan, Bo
Kang, Hanwen
[J]. EMPIRICAL ECONOMICS, 2023, 64 (01) : 195 - 222
[5] Price bubbles of agricultural commodities: evidence from China’s futures market
Zhuo Chen
Bo Yan
Hanwen Kang
[J]. Empirical Economics, 2023, 64 : 195 - 222
[6] Can energy-price regulations smooth price fluctuations? Evidence from China's coal sector
Zhang, Yanfang
Nie, Rui
Shi, Xunpeng
Qian, Xiangyan
Wang, Ke
[J]. ENERGY POLICY, 2019, 128 : 125 - 135
[7] Damages of surface ozone: evidence from agricultural sector in China
Yi, Fujin
McCarl, Bruce A.
Zhou, Xun
Jiang, Fei
[J]. ENVIRONMENTAL RESEARCH LETTERS, 2018, 13 (03):
[8] Spatial price transmission and asymmetry in the Ghanaian maize market
Abdulai, A
[J]. JOURNAL OF DEVELOPMENT ECONOMICS, 2000, 63 (02) : 327 - 349
[9] How land transfer affects agricultural land use efficiency: Evidence from China's agricultural sector
Fei, Rilong
Lin, Ziyi
Chunga, Joseph
[J]. LAND USE POLICY, 2021, 103
[10] Insecure Land Tenure, Social Protection, and Resource Misallocation: Evidence from China's Agricultural Sector
Ma, Meilin
[J]. ECONOMIC DEVELOPMENT AND CULTURAL CHANGE, 2022, 70 (02) : 835 - 863

← 1 2 3 4 5 →