Research on the Fluctuation of Pork Prices in China under Major Sudden Public Safety Events

초록

From early 2020 to the end of 2022, major sudden public health events, such as COVID-19, significantly influenced the agricultural market in China, with pork prices experiencing substantial volatility. This turbulence in pork prices had profound implications for national regulations and the dietary habits of the populace. Based on data concerning pork prices and COVID-19 infection rates in China from 2020 to 2022, this study employed the VECM error correction model to analyze factors impacting pork prices during these major public health events. Results revealed that in the initial stages of the significant public health events, there was a strong positive correlation between COVID-19 confirmed cases and pork prices, which weakened over time. Drawing on these findings, measures and recommendations were put forth to stabilize pork prices.

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