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Chinese Agricultural Science Bulletin ›› 2010, Vol. 26 ›› Issue (19): 445-449.

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The impact of price fluctuation of imported agricultural products on China’s macro-economy—an empirical study based on CGE model

  

  • Received:2010-05-31 Revised:2010-06-17 Online:2010-10-05 Published:2010-10-05

Abstract:

Abstract: the price fluctuation of imported agricultural products will definitely have an impact on China’s macroeconomic indices as well as various industries, in order to make quantitative analysis of this problem in the background of China’s aggregate economic activity, a multi-sector CGE model based on the SAM incorporating the latest 2007 input-output table has been constructed .The empirical study shows that :increase of imported .agricultural products’price increase will have a negative effect on macro-economy and contraction effect on related industries,however,real GDP is influenced very little by price increase.