The Impacts of Taiwanese Grain Import Prices on Consumer Price Index

碩士 === 中原大學 === 國際經營與貿易研究所 === 101 === This research studies mainly the impacts of major grain import price fluctuations on the consumer price index during the period between January 2000 and June 2012. Moreover, this research analyzes the impacts of major grain import price fluctuations on the co...

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Bibliographic Details
Main Authors: Chih-Yuan Kuo, 郭智元
Other Authors: Chun-Fang Ho
Format: Others
Language:zh-TW
Published: 2013
Online Access:http://ndltd.ncl.edu.tw/handle/11590136891567928434
Description
Summary:碩士 === 中原大學 === 國際經營與貿易研究所 === 101 === This research studies mainly the impacts of major grain import price fluctuations on the consumer price index during the period between January 2000 and June 2012. Moreover, this research analyzes the impacts of major grain import price fluctuations on the consumer price index in order to understand how the government stabilizes the living standard of citizens through grain stock level and adjusting the market prices of major grains. The research methods use descriptive statistics, correlation coefficient examination, and multiple regression analysis. The dependent variable of this research is the Taiwan’s Consumer Price Index; while the independent variables include Taiwanese Rice Import Price, Taiwanese Wheat Import Price, Taiwanese Corn Import Price, and Taiwanese Soybean Import Price. In addition, the analyzing period is divided into three periods: the whole period (2003/01-2012/06), the first period (2003/01-2007/09), and the second period (2007/10-2012/06). According to the empirical results, the consumer price index and import prices of rice, wheat, corn, and soybean all increased in the whole period. In the first and second period, prices of wheat, corn, and soybean affected greatly the consumer price index. The findings show that the prices of those three grain imports are decided mainly by the international market because the price trend is more likely affected by the global environment or specific situations. The final conclusion is that the government authorities should monitor closely the level of price and the Council of Agriculture should strengthen the balance between domestic agriculture production and grain imports.