农业现代化研究2017，Vol.38Issue(1)：81-88,8.DOI:10.13872/j.1000-0275.2016.0147
临时收储政策及其改革对农产品期货市场的影响
Effects of temporary purchase and storage policy and its reform on agricultural futures market
摘要
Abstract
The cancellation of Temporary Purchase and Storage Policy (TPSP) on corn and soybeans indicated that the market will play a major role in the formation of prices with increasing market risk to farmers. Study of the impacts of this policy and its cancellation on futures market can provide a reference for its services to agriculture, rural areas, and farmers. Through the descriptive statistical analysis, correlation analysis, co-integration test, basis difference analysis and hedging efifciency analysis, this paper conducted an empirical study on the price series of corn and soybeans from 2006 to 2015. This paper also analyzed the overall performance of futures market for corn and soybeans from the aspects of price movement, turnover situation and global status. Furtherly, this paper examined the cancellation effects of TPSP on agricultural futures market by the descriptive statistical analysis and the Wilcoxon rank sum test. Results show that TPSP cancellation and the replacing target price policy have different effects on the futures market prices. Based on the analysis results of the inlfuencing mechanism of TPSP on futures market, this paper provides the following suggestions: increasing policy support, promoting the sustainable development of innovation mode, strengthening market player development, enhancing the functions of futures market, developing new varieties, and improving risk management tools.关键词
临时收储政策/期货市场/功能/Wilcoxon秩和检验/玉米/大豆Key words
Temporary Purchase and Storage Policy/futures market/function/Wilcoxon rank sum test/corn/soybeans分类
管理科学引用本文复制引用
王燕青,姚灵,简林强,武拉平..临时收储政策及其改革对农产品期货市场的影响[J].农业现代化研究,2017,38(1):81-88,8.基金项目
农业部农业农村资源等监测统计项目（05162130111242003）。@@@@Agricultural Rural Resources Monitoring Statistics Funding Projects from Ministry of Agriculture (05162130111242003) （05162130111242003）
