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| Factors of grain price fluctuations in Guangdong province |
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| Abstract: |
| This paper analyzes factors of grain price fluctuations using Monthly data from Jan. 2000 to Oct.2011.10 and the results show that: international grain price has aparant transimission effect and its contribution degree reaches 41.17%; economic growth has important effects on grain price fluctuations and contribution degree reaches 13.55%; the effect of real effective exchange rate rises steadily and contribution degree reaches 3.77%; prices of agricultural means of production, biogas program and money supply have small effects on grain price fluctuations in Guangdong province. This paper proposes some suggestions for stabilizing grain price fluctuations in developed province in China. |
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