Journal of Chemical and Pharmaceutical Research (ISSN : 0975-7384)

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Original Articles: 2014 Vol: 6 Issue: 10

Research on the impact of agricultural products logistics on cold meat price : An analysis based on economic benefit

Abstract

Along with the development of economic globalization and informatization, modern logistics has receives increasing attention from the society. As Transportation Cost is a significant factor that will influence the price of farm and sideline products, then we make a statistical analysis of the impact of transportation cost (TRC) on cold meat price index (MPI) .The result shows that: First, LnTRC at lag 1 period increased one percentage points can drive LnMPI increased by 0.91 percentage points, so the effect of transportation cost to cold meat price is obvious. Second, LnTRC is the Granger reason to LnMPI, which means transportation cost growth is the reason of cold meat price increase.Third, the result of variance decomposition shows that LnTRC has a high contribution degree to LnMPI, and prove that transportation cost can explain the rising of cold meat price. On this basis, we put forward the related policy suggestion