รหัสดีโอไอ 10.14457/TU.the.2020.838
Title Analysis of fluctuation characteristics and influencing factors of soybean price in China
Creator Yanxiu Lu
Contributor Pracha Koonnathamdee, Advisor
Publisher Thammasat University
Publication Year 2020
Keyword Soybean prices, Price fluctuation, ARCH family model
Abstract In 1995, China abolished the management of soybean import quotas, and import tariffs dropped significantly. From the following year to the present, imports have continued to increase, becoming a net soybean importing country. The gap between supply and demand in the China domestic soybean market has been expanding. A large amount of soybean demand depends on foreign markets, with frequent price fluctuations affecting farmers' income and decreasing planting incentives. This paper aims to study the characteristics of soybean price volatilityand the factors influencing it. This study covers 244 monthly data sets from 2000 to 2020. The ARCH family model was used to estimate the empirical results. The results of analyzing the characteristics of soybean price volatility show that soybean pricevolatility in China is distinctly nested, not "high risk, high return," and asymmetric. That is, "information on price increases and decreases" has the same impact on soybean price volatility. Analysis of the factors influencing soybean price volatility. The resultsshow that previous term soybean prices, China domestic and international futures market prices, and net soybean imports have a crucial impact on the volatility of soybean prices in China.
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บรรณานุกรม

Yanxiu Lu และผู้แต่งคนอื่นๆ. (2020) Analysis of fluctuation characteristics and influencing factors of soybean price in China. Thammasat University:ม.ป.ท.
Yanxiu Lu และผู้แต่งคนอื่นๆ. 2020. Analysis of fluctuation characteristics and influencing factors of soybean price in China. ม.ป.ท.:Thammasat University;
Yanxiu Lu และผู้แต่งคนอื่นๆ. Analysis of fluctuation characteristics and influencing factors of soybean price in China. ม.ป.ท.:Thammasat University, 2020. Print.