Information infrastructure construction,differentiation of breeding entities and price fluctuation of pigs——Analysis based on multi-period difference-in-difference model
For a long time,China's pig prices have shown significant cyclical fluctuations.However,the specific impact of information on the price fluctuations of pigs needs to be further explored.Based on the provincial panel data from 2011 to 2018,and with the help of the Broadband China Strategy as a natural experimental setting,this paper empirically tests the impact of information infrastructure construction on the price fluctuation of pigs and its mechanism.The results show that the construction of information infrastructure is one of the important factors affecting the price fluctuation of pigs.With the improvement of information infrastructure construction,farmers are more sensitive to pig prices,and the impact of information infrastructure construction on the price fluctuation of pigs shows an accelerated non-linear characteristic.Further analysis of the regulatory effects show that the dif-ferentiation of breeding entities intensifies the impact of information infrastructure construction on the price fluc-tuation of pigs.Heterogeneity analysis finds that the construction of information infrastructure mainly leads to significant overall and negative fluctuations in pig prices,but has no significant impact on small fluctuations and significant positive fluctuations in pig prices.Based on the above research results,this paper puts forward some specific suggestions such as providing risk management tools for farmers.
information infrastructure constructionBroadband Chinaprice fluctuation of pigsdifferentiation of breeding entities