The Volatility Character of Poultry Market under the Avian Flu Background
Tao Xianliang
Cai Ling
Zhang Yanan
Abstract：By using generalized autoregressive conditional heteroskedasticity model, this re-search analysis the volatility characterisitics of China’s poultry market. The results showed that the volatility responds asymmetrically to positive and negative shocks, that is, negative shocks caused more volatility than positive shocks at the same magnitude. And the avian flu had a long term influence on the price volatility. Furthermore, the value of conditional heteroscedasticity had increased since the avian flu occured.
Keywords：Avian fluPoultry marketPrice volatility
Publication Date：2014-01-01
Online Publishing Date：2025-08-15(First online date of this platform, not the publication date of the document)
Pages：5( 43-47 )