농업경제연구

Korean Agricultural Economics Association

제목 Price Pattern Prediction in the Korean Beef Market
저자 김경진, 지선우, 서동주
발행정보 63권 1호 (2022년 3월) 페이지 103~121
초록 Responding to the market has been faster than in the past as the proportion of scaled-up farms has increased. Accordingly, it became more important for the Hanwoo industry to predict the Hanwoo price level and understand the price pattern from a short-term perspective. In this paper, a price pattern analysis model of Hanwoo was constructed based on the transaction information in the auction market. As a result of the analysis, it is shown that the daily price change rate ranges from 0.87% to 1.59%, and prices decrease – relatively on Monday. Also, the price of Hanwoo was high in January and September, indicating the calendar effect, which refers to a specific price effect that occurs at a specific time. The results of the study imply that the price of Hanwoo is strongly bound by daily and monthly cycles. From a farm's point of view, shipping dates for Hanwoo can be either moved forward or postponed, allowing variable selections within a short period, and decision-making on the slaughter of Hanwoo at a short-term level can change on a daily basis. The information derived from this study can be used as a basis for decision making.
논문파일 KJAE(2022-Vol63No01)-Korean-06.pdf