농업경제연구

Korean Agricultural Economics Association

제목 축산물 가격의 인과성 검정 : 사료곡물에서 소매단계까지
저자 양승룡
발행정보 44권 2호 (2003년 6월) 페이지 91~110
초록 A widespread belief in the livestock industry in Korea is that the feed price is largely affected by the prices of feed grains which are mostly supplied from abroad. It is also believed that the large dependency of feed grains on foreing sources results in weak international competitiveness. This article conducts causality tests between prices of corn and feed and between prices of feed and livestock. No statistical evidence is found to conclude that the international corn price affects domestic feed prices. Rather, the exchange rate could explain the feed price movements. In addition, the feed price does not appear to affect the livestock prices. Interpretations of the results and implications for the future work is outlined in the conclusion.
논문파일 농업경제연구-2003(44권제2호)-05.pdf