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| Policy Simulation of Agricultural Product Price Based on Input-Output Analysis |
| LUO Le, FANG Yilun
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| School of Economics and Management, Shandong Agricultural University, Tai’an 271000, China |
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Abstract In order to investigate how the agricultural product price influences the other product prices, we establish an input-output analysis model to conduct a policy simulation of agricultural product price by using the data from the National Bureau of Statistics. The results show that raising the price of agricultural product has a certain impact on minority industrial sectors which have strong relevancy with agriculture, and it has little impact on majority industrial sectors. Compared with the previous years, the differences between every two years are very small. The government should allow the price of the agricultural product to fluctuate in an acceptable range for the most people.
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Published: 24 June 2020
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