The analysis of change characters in Fujian eel product export price

Abstract:

The paper analyzed the change of export price of river eel product by using trade data from 1997 to 2010 based on Fujian export statistics，FAOSTAT Fisheries and COMTRADE data. Moreover, this paper also investigated the relationship between Fujian export price and international market price of this product by cointegrated regression test, ECM model and Granger Causality Test. The result showed that Fujian eel product export played an important role in international market, and there is a long term stable relationship between Fujian export price and the international market price, but this relationship was the game results by exporter and importer. Fujian lacks international pricing of this product in international market. At last, according to the analysis, the policy recommendation is proposed to promote Fujian river eel product export, such as maintaining the export status of this product, strengthening inspection and quarantine supervision, obtaining the international market pricing, exploring the emerging markets and so on.