Identification of Types and Driving Forces for China's Hog Price Cycle Based on the Hilbert–Huang Transform - Collections

＜departmental bulletin paper＞
Identification of Types and Driving Forces for China's Hog Price Cycle Based on the Hilbert–Huang Transform

Creator	Creator Name Mao, Xuefeng Affiliation Affiliation Name School of Agricultural Economics and Rural Development, Renmin University of China
	Creator Name Zeng, Yinchu Affiliation Affiliation Name School of Agricultural Economics and Rural Development, Renmin University of China
	Author PID K001624 Creator Name Maeda, Koshi 前田, 幸嗣マエダ, コウシ Affiliation Affiliation Name Laboratory of Quantitative Food Economic Analysis, Division of Agricultural and Resource Economics, Department of Agricultural and Resource Economics, Faculty of Agriculture, Kyushu University 九州大学大学院農学研究院農業資源経済学部門農業資源経済学講座食料経済分析学分野
Language	English
Publisher	Faculty of Agriculture, Kyushu University
Publisher	九州大学大学院農学研究院
Date	2016-02-29
Source Title	Journal of the Faculty of Agriculture, Kyushu University
Vol	61
Issue	1
First Page	233
Last Page	239
Publication Type	Version of Record
Access Rights	open access
Crossref DOI	https://doi.org/10.5109/1564120

File	FileType	Size	Views	Description
p233	pdf	783 KB	508

PISSN	0023-6152
NCID	AA00697606
Record ID	1564120
Peer-Reviewed	Unrefereed
Subject Terms	Hilbert–Huang transform
	Hog price cycle
	Nature of price fluctuation
ISSN	0023-6152
NCID	AA00697606
Notes	This paper applied Hilbert–Huang transform to analyze the decomposition of China's hog price cycle from 1994 to 2013. Decomposition results indicated the existence of cycles having one trend and four main modes, including an economy with a 4–month cycle, an 8– to 9–month cycle, a 17– to 19–month cycle, and a 42– to 43–month cycle. High similarity was noted between the hog price cycle of 1994–2013 and 1910–1969 in the United States. The hog price cycle was exceptionally determined by the biological nature of pig breeding. Results also suggested that the price control of hogs should respect the law of price cycle rather than arbitrary intervention.
Created Date	2016.03.10
Modified Date	2022.11.11