scholarly journals Analysis of Egg Price Fluctuation and Cause

2018 ◽  
Vol 10 (11) ◽  
pp. 581
Author(s):  
Wu Yuhuan ◽  
Qin Fu
Keyword(s):  
Supply And Demand ◽  
Laying Hen ◽  
Consumer Spending ◽  
Cost Information ◽  
Price Fluctuation ◽  
Sudden Drop ◽  
Price Fluctuations ◽  
Protection Policy ◽  
Environmental Protection Policy ◽  
The Government

In 2017, egg price in China has experienced a lot of ups and downs, which has had a significant impact on the laying hen farmers and the enterprises and related enterprises. In the first half of 2017, egg price fell, which has dropped to a minimum of 4.02 yuan/kg, while the profits of egg producers were impaired and the profit of egg processing enterprises declined. Starting in July, egg price recovered, breaking a price of 5 yuan/kg. Egg price rose sharply in August, reaching an average of 8.53 yuan/kg. In October, egg price began to fall, with a price of 7 yuan/kg. In November, egg price began to rise, rising to 8 yuan/kg. The sudden drop of egg price greatly affects the income and culture psychology of laying hen farmers, and influences the development of the egg industry. This study is aimed at egg price and egg price fluctuations in 2017, and get two conclusions: From January to July, due to the amount of laying hens breeding, breeding cost, information technology and the government’s environmental protection policy and terminal weak consumer spending, egg price fell sharply; egg price rebounded in August and December, and the highest price was in September and gradually steadied. At the same time, this paper analyzes the causes of egg price fluctuation from two aspects of supply and demand, and puts forward some suggestions on how to deal with the price fluctuations from the two aspects of enterprise and laying hen breeding farmers.

scholarly journals Impact of Oil Price Fluctuations on Human Development: A Standard Study of Iraq

2018 ◽  
pp. 396-399
Keyword(s):  
Human Development ◽  
Oil Prices ◽  
Oil Price ◽  
Price Fluctuation ◽  
Price Fluctuations ◽  
Long Run ◽  
The Government ◽  
Oil Revenues ◽  
The Impact ◽  
Oil Price Fluctuation

This paper examines the impact of oil price fluctuations on Human development in Iraq. We employed UNDP statistical data in HDI and oil prices were obtained from OPEC official statistics. EGARCH model is applied to estimate the series of oil price fluctuation. Further, we applied ARDL bound test approach to estimate the long run relationship between HDI and oil price fluctuation. Evidence shows that there is a long run relationship among the variables under study. A significant impact on human development index is witness due to fluctuations in oil prices. Since the dependence of Iraqi economy on oil exports tightly align the government spending with oil revenues. Therefore, this study proposes that Government should adopt a diversified policy and invest in other sectors of the economy, such as the industrial sectors. Investment in these sectors will help to increase the output of exportable goods. Exports of these goods can earn more foreign exchange. This will reduce the heavy reliance on oil revenues. The government needs to spend more money to provide infrastructure like transport facilities and stable electricity supply. This will help encourage private companies to invest more in their economic resources by reducing the cost of doing business.

scholarly journals Investigation on the Influence of Building Materials Price Fluctuation on Cost of Building Products in Nigeria

2021 ◽  
pp. 118-130
Author(s):  
Felix Uche Ikechukwu
Keyword(s):  
Building Materials ◽  
Price Index ◽  
Cost Overrun ◽  
Chi Square ◽  
Price Fluctuation ◽  
Building Projects ◽  
Price Fluctuations ◽  
Price Forecast ◽  
The Mean ◽  
The Government

Volatility in the fluctuation of prices of building materials has made price forecast on the cost of the materials less reliable in building project management in Nigeria. In the light of this, the study examines the causes of the constant increase in the prices, as well as the implication of the price fluctuation on building projects in the study area. Survey research designs used to gather information for the study are non-parametric in nature. Data were analyzed using chi-square and likert scale to rank the various factors involved in the price fluctuation, as well as the effects of the variation on building projects respectively. Other analytical tools are price index for the rate of changes in the prices of the materials from time to time on average, and simple regression analysis for the relationship between changes in the average price of building materials and the average house rent within the last ten years. Findings reveal that inflation, force of demand and supply, and exchange rate, as economic factors among others are the most significant ones responsible for the building materials price fluctuations in the study area. Difficulty in forecast and planning, project cost overrun, as well as shortage and high cost of accommodation however, are found as the most common effects of the building materials price fluctuations. Besides, the mean un-weighted aggregate price index, and the mean house rent index for each of the successful year are discovered to be 11.02% and 8.73% respectively. Increase in the aggregate price of the building materials however caused approximately a proportional increase in the house rent, especially in the early part of the period. The variables therefore have a positive and linear relationship with the regression model of Y=5776+0.98xi, as derived from Equ.6. It is therefore recommended that research, development and improvement on local material resources be encouraged by the government and the construction stakeholders with legislative instruments against the importation of the basic building materials in Nigeria. Nevertheless, an appropriate framework designed with the aggregate building materials price indices, the model relationship between the effect of change in the aggregate price of the building materials and the consequent change in the residential house rent should be adopted in the management of building projects; for effective forecast and planning of the projects towards sustainable delivery in the study area.

scholarly journals A cost analysis to address issues of budget constraints on the implementation of the indoor residual spray programme in two districts of Maputo Province, Mozambique

2021 ◽  
Vol 20 (1) ◽  
Author(s):  
Neide Canana
Keyword(s):  
Sensitivity Analysis ◽  
Cost Analysis ◽  
Financial Analysis ◽  
Indoor Residual Spraying ◽  
Economic Cost ◽  
Cost Information ◽  
Financial Cost ◽  
Provider Perspective ◽  
The Government ◽  
The Cost

Abstract Background It is frequently said that funding is essential to ensure optimal results from a malaria intervention control. However, in recent years, the capacity of the government of Mozambique to sustain the operational cost of indoor residual spraying (IRS) is facing numerous challenges due to restrictions of the Official Development Assistance. The purpose of the study was to estimate the cost of IRS operationalization in two districts of Maputo Province (Matutuíne and Namaacha) in Mozambique. The evidence produced in this study intends to provide decision-makers with insight into where they need to pay close attention in future planning in order to operationalize IRS with the existent budget in the actual context of budget restrictions. Methods Cost information was collected retrospectively from the provider perspective, and both economic and financial costs were calculated. A “one-way” deterministic sensitivity analysis was performed. Results The average economic costs totaled US$117,351.34, with an average economic cost per household sprayed of US$16.35, and an average economic cost per person protected of US$4.09. The average financial cost totaled US$69,174.83, with an average financial cost per household sprayed and per person protected of US$9.84 and US$2.46, respectively. Vehicle, salary, and insecticide costs were the greatest contributors to overall cost in the economic and financial analysis, corresponding to 52%, 17%, and 13% in the economic analysis and 21%, 27%, and 22% in the financial analysis, respectively. The sensitivity analysis was adapted to a range of ± (above and under) 25% change. There was an approximate change of 14% in the average economic cost when vehicle costs were decreased by 25%. In the financial analysis, the average financial cost was lowered by 7% when salary costs were decreased by 25%. Conclusions Altogether, the current cost analysis provides an impetus for the consideration of targeted IRS operationalization within the available governmental budget, by using locally-available human resources as spray operators to decrease costs and having IRS rounds be correctly timed to coincide with the build-up of vector populations.

Coping with Spatial Mismatch: Subsidy Design for Electric Vehicle and Charging Markets

2021 ◽  
Author(s):  
Wei Zhang ◽  
Yifan Dou
Keyword(s):  
Electric Vehicle ◽  
Service Providers ◽  
Supply And Demand ◽  
Problem Definition ◽  
Environmental Benefits ◽  
Third Party ◽  
Theoretic Model ◽  
Spatial Mismatch ◽  
The Government ◽  
Ev Charging

Problem definition: We study how the government should design the subsidy policy to promote electric vehicle (EV) adoptions effectively and efficiently when there might be a spatial mismatch between the supply and demand of charging piles. Academic/practical relevance: EV charging infrastructures are often built by third-party service providers (SPs). However, profit-maximizing SPs might prefer to locate the charging piles in the suburbs versus downtown because of lower costs although most EV drivers prefer to charge their EVs downtown given their commuting patterns and the convenience of charging in downtown areas. This conflict of spatial preferences between SPs and EV drivers results in high overall costs for EV charging and weak EV adoptions. Methodology: We use a stylized game-theoretic model and compare three types of subsidy policies: (i) subsidizing EV purchases, (ii) subsidizing SPs based on pile usage, and (iii) subsidizing SPs based on pile numbers. Results: Subsidizing EV purchases is effective in promoting EV adoptions but not in alleviating the spatial mismatch. In contrast, subsidizing SPs can be more effective in addressing the spatial mismatch and promoting EV adoptions, but uniformly subsidizing pile installation can exacerbate the spatial mismatch and backfire. In different situations, each policy can emerge as the best, and the rule to determine which side (SPs versus EV buyers) to subsidize largely depends on cost factors in the charging market rather than the EV price or the environmental benefits. Managerial implications: A “jigsaw-piece rule” is recommended to guide policy design: subsidizing SPs is preferred if charging is too costly or time consuming, and subsidizing EV purchases is preferred if charging is sufficiently fast and easy. Given charging costs that are neither too low nor too high, subsidizing SPs is preferred only if pile building downtown is moderately more expensive than pile building in the suburbs.

Growth prospects, market challenges and policy measures: evolution of mobile broadband in Pakistan

2018 ◽  
Vol 20 (1) ◽  
pp. 42-61 ◽  
Author(s):  
Muhammad Shehzad Hanif ◽  
Shao Yunfei ◽  
Muhammad Imran Hanif
Keyword(s):  
Developing Country ◽  
Service Providers ◽  
Supply And Demand ◽  
Economic Benefits ◽  
Content Type ◽  
Mobile Broadband ◽  
Broadband Service ◽  
Policy Measures ◽  
The Government

Purpose The paper aims to explore the long-term prospects of mobile broadband adoption in a developing country. The supply-side and demand-side policy measures are recommended to counter the challenges to broadband adoption. Design/methodology/approach Methodologically, this study uses document analysis to explain secondary data including growth statistics, trade literature and previous scholarly research. Based on the growth statistics of broadband and the informed market insights, the research discusses the prevailing market threats and recommends counter measures to improve the long-term prospects of broadband propagation. Findings The growth of mobile broadband is settling down in Pakistan due to various barriers like cost, literacy, security and unavailability of local content. Collaborative efforts are required by the government, the service providers and the people to enhance the adoption of broadband service and secure economic benefits of the broadband. Practical implications The research offers useful implications for managers and policymakers in Asian and African developing countries; the policy measures discussed here may serve as guidelines for them in the design of their own policies regarding broadband supply and demand. Originality/value The study makes an effort to examine the broadband growth in a developing country on the basis of both quantitative and qualitative aspects. The research endeavors to fill the gap on the particular scholarship of research covering potential uptake of broadband services and the effects of constraining elements to broadband adoption in a developing country.

scholarly journals Analysis of Budget Imbalance Dynamics in Kenya

2018 ◽  
Vol 4 (4) ◽  
pp. 352
Author(s):  
Alex Oguso ◽  
Francis M. Mwega ◽  
Nelson H. Wawire ◽  
Purna Samanta
Keyword(s):  
Public Sector ◽  
Time Series Data ◽  
Supply And Demand ◽  
Series Data ◽  
Fiscal Consolidation ◽  
The Public ◽  
Distributed Lag ◽  
Seeking Behavior ◽  
Development Goals ◽  
The Government

<p><em>Kenya needs substantial and sustained fiscal consolidation to create fiscal space for financing the government’s election pledges, the Vision 2030 development projects, and sustainable development goals. However, the government has found it hard to sustain its fiscal consolidation attempts. This study investigates the fiscal consolidation constraints that act through the budget imbalance dynamics in Kenya using the </em><em>Olivera-Tanzi effect approach.</em><em> The study covers the period 2000-2015</em><em> using time series data and employs three </em><em>Auto-regressive Distributed Lag (ARDL) error correction models</em><em> in the analysis. The study showed that a </em><em>rise in the general price levels in the economy, adjustment of minimum wages, rise</em><em> in perceived levels of corruption in the public sector and the political budget cycles (occurrence of a general election) worsen the budget imbalances (deficits) thus </em><em>constrain fiscal consolidation efforts in Kenya. The study also demonstrated that </em><em>budget imbalance dynamics in Kenya could partly be explained by the Olivera-Tanzi proposition. </em><em>The study rec</em><em>ommends measures to reduce the fiscal imbalance gap in Kenya, which include controlling both supply and demand side inflationary pressure and dealing with rent seeking behavior in the public sector.</em></p>

The Israeli travel and tourism industry faces COVID-19: developing guidelines for facilitating and maintaining a nuanced response and recovery to the pandemic

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Joshua Schmidt ◽  
Alex Altshuler
Keyword(s):  
Cultural Context ◽  
Service Providers ◽  
Risk Mitigation ◽  
Supply And Demand ◽  
Economic Benefits ◽  
Tourism Industry ◽  
Research Approach ◽  
Content Type ◽  
Travel And Tourism ◽  
The Government

Purpose This paper aims to discuss how the tourism industry is contending with the economic and interorganizational challenges wrought by the COVID-19 outbreak and heightened by a lack of communication between the government and local businesses in the state of Israel. The researchers examine the dependency of the tourism industry on the general preparation programs that were developed and are currently being deployed by the relevant national stakeholders and question whether instead, it should use the pandemic as a catalyst for formulating its own nuanced tourism-travel-and-hospitality-oriented strategies and procedures. Design/methodology/approach Applying an ethnographic-based mix-methods research approach, this paper draws on insights from data compiled by fusing existing theoretical and emerging practical knowledge with empirical research (qualitative and quantitative) conducted among numerous relevant macro (governmental/centralized industry) and micro (hotels, travel and tourism operators and service providers) stakeholders as well as potential consumers. Findings It is essential that national and local government bodies form collaborative interorganizational relationships with local stakeholders to jointly activate case-specific hospitality and travel-specific risk mitigation management strategies. Moreover, the pandemic laid bare the tentative and fragile nature of the globalized tourism industry supply and demand chains, a condition that may be remedied via a pivot toward using national or even regional supply chains and goods and service providers. Within Israel, such changes could lead to increased economic benefits that extend beyond the tourism industry to provide certain security-related benefits. Originality/value Relating to idiosyncratic factors relevant to an Israeli cultural context, this paper uses the ethnographic field-borne familiarity of the researchers with the tourism and travel industries in Eilat and the Dead Sea to offer applicable suggestions for leveraging certain industry resources to both meet the demands of the present-day circumstances and cultivate a multifaceted organizational web of macro and micro social, economic and environmental networks so as to foster a more diversified and therefore resilient local tourism and travel economy.

scholarly journals Does the New Rural Pension System Promote Farmland Transfer in the Context of Aging in Rural China: Evidence from the CHARLS

2019 ◽  
Vol 16 (19) ◽  
pp. 3592
Author(s):  
Yahui Wang ◽  
Qingyuan Yang ◽  
Liangjie Xin ◽  
Jingyu Zhang
Keyword(s):  
Pension System ◽  
Rural China ◽  
Supply And Demand ◽  
Participation Rate ◽  
The Elderly ◽  
Rental Market ◽  
Land Transfer ◽  
Land Rental ◽  
The Government ◽  
The Impact

The lack or instability of the pension system for the elderly in rural China has become a paramount obstacle for sustainable land transfer, namely land use right transfer among farmers, in the context of aging. The New Rural Pension System (NRPS), a pilot project that provided basic security for the elderly, was implemented in 10% of counties in 2009 and rapidly promoted nationwide in China. This study evaluates the impact of NRPS on farmland transfer by developing econometric models by employing the China Health and Retirement Longitudinal Study (CHARLS) from 2011 to 2015. The participation rate in NRPS increased from 25.87% in 2011 to 80.85% in 2015, and the participation rate in farmland transfer rose from 11.56% to 24.04%. Everything else being held equal, the probability of farmers who transferred out their land increased by approximately 13% and the land area has been transferred increased by 11.2% due to participation in NRPS, indicating that the NRPS improved the operation efficiency of land rental market. Furthermore, the heterogeneity analysis showed that the probability and area mentioned above had a significant upward trend with the increase of the time and insured amount of participation in NRPS, which reduced dependence on farmland for the elderly and promoted the sustainability of land transfer. The government should further encourage farmers to increase the coverage and insured amount of pension system in the context of aging. Meanwhile, a platform to promote land transfer should be established to provide information about land supply and demand and reduce the transaction cost of land rental market.

scholarly journals Is China’s domestic agricultural market influenced by price fluctuations of the world agricultural commodities in the short-run?

2013 ◽  
Vol 59 (No. 12) ◽  
pp. 578-589
Author(s):  
Y. Jiang ◽  
Y. Wang
Keyword(s):  
Price Change ◽  
Global Market ◽  
Price Impact ◽  
Agricultural Commodities ◽  
Chinese Market ◽  
Agricultural Market ◽  
Price Fluctuation ◽  
Price Fluctuations ◽  
The World ◽  
Short Run

After entry into the WTO, China&rsquo;s domestic agricultural market is more and more closely integrated into the world market. Recently, a significant price fluctuation of agricultural commodities in the global market has increased concerns over its impact on the economic stability in those developing countries such as China, which has a large import and export of agricultural commodities every year. This paper attempts to study the short-term impact from price fluctuations of the world agricultural commodities upon the China&rsquo;s domestic agricultural market by investigating the dynamic correlation between the price change in the world and Chinese market in the copula framework. Our findings suggest a weak but strengthening short-run impact with an asymmetric nature. At the same time, diversified short-run impacts are observed in four main agricultural commodity markets. Empirical results show that the world price fluctuation has a volatile but decreasing influence on the China&rsquo;s rice market. This volatility of price impact is also observed in the wheat market but it has an escalating trend. The corn market experiences an intensified price shock with a distinct stage characteristic and the soybean market is under the strongest influence from the international price fluctuation.

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