Laboratory of Agricultural and Farm Management, Department of Agricultural and Resource Economics,Graduate School of Bioresource and Bioenvironmental Sciences, Kyushu University
Laboratory of Agricultural and Farm Management, 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
Financialization refers to the growing importance of finance, financial markets, and financial institutions to the functioning of the economy. This paper thus examines the consequences of agricultural financialization in the Chinese sugar market. We use monthly data from January 2006 to June 2019 to build a series of econometric models to identify internal and external shocks and their transfer regimes through impulse response analysis, variance decomposition, and Granger causality test derived from a structural vector autoregression model. We conclude that the phenomenon of agricultural financialization does not exist in the Chinese sugar market.
助成情報
助成機関名
日本学術振興会
Japan Society for the Promotion of Science