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
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Study on Influencing Factors of Egg Price Fluctuation
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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
- 10 November 2023
- 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