Advances in Economics, Management and Political Sciences

- The Open Access Proceedings Series for Conferences


Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 27 , 10 November 2023


Open Access | Article

Study on Influencing Factors of Egg Price Fluctuation

Jiacong Lu * 1
1 Houde Academy

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 27, 20-25
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Jiacong Lu. Study on Influencing Factors of Egg Price Fluctuation. AEMPS (2023) Vol. 27: 20-25. DOI: 10.54254/2754-1169/27/20231203.

Abstract

In recent years, due to the joint impact of food safety incidents, egg disease and price fluctuations of related substitutes, the market price of eggs, especially eggs, has fluctuated for many times, which not only affects residents' food consumption and income of egg farmers, but also affects the healthy development of egg industry. This paper selected the monthly panel data from 2014 to 2020 to study the influencing factors of egg price fluctuation. The results showed that chicken price and feed price had significant effect on the fluctuation of egg price, and the price of compound feed had the greatest effect on it. In addition, the increase of pork price would not necessarily lead to the rise of egg price. Meanwhile, the consumer price index had no significant impact on the price of eggs, and the increase of residents’ income level would significantly promote the price of egg. Therefore, it is of great practical significance to study the external and internal laws of egg price fluctuation and explore the mechanism of stabilizing egg price for the healthy development of poultry and egg industry and national economy.

Keywords

egg price, influence factor, empirical research

References

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-075-2
ISBN (Online)
978-1-83558-076-9
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/27/20231203
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated