2012RePEc: Research Papers in EconomicsOpen access

Empirical Analysis of the Vegetable Industry in Hebei Province

Penghua Li, R X Zhang, Yan Liu, Penghua Li, R X Zhang, Yan Liu

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Abstract

We first introduce the status quo of the development of vegetable industry in Hebei Province, and then conduct empirical analysis of the development of vegetable industry in Hebei Province. Further, we analyze the development advantage of the vegetable industry in Hebei Province using SAI (Scale Advantage Indices) and SCA (Symmetric Comparative Advantage), drawing the conclusion that the vegetable industry in Hebei Province has much room for development; at the same time, we analyze the factors influencing vegetable consumption of residents in Hebei Province through the regression model, drawing the conclusion that the vegetable consumer price index is the main factor affecting the consumption. Finally we make recommendations for the development of vegetable industry in Hebei Province as follows: increasing financial input, promoting policy guarantee capacity; implementing brand strategy, promoting the competitiveness of products; improving the ecological environment, promoting industrialization of pollution-free vegetables.

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What this paper is about

We first introduce the status quo of the development of vegetable industry in Hebei Province, and then conduct empirical analysis of the development of vegetable industry in Hebei Province. Further, we analyze the development advantage of the vegetable industry in Hebei Province using SAI (Scale Advantage Indices) and SCA (Symmetric Comparative Advantage), drawing the conclusion that the vegetable industry in Hebei Province has much room for development; at the same time, we analyze the factors influencing vegetable consumption of residents in Hebei Province through the regression model, drawing the conclusion that the vegetable consumer price index is the main factor affecting the consumption. Finally we make recommendations for the development of vegetable industry in Hebei Province as follows: increasing financial input, promoting policy guarantee capacity; implementing brand strategy, promoting the competitiveness of products; improving the ecological environment, promoting industrialization of pollution-free vegetables.

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Available abstract

We first introduce the status quo of the development of vegetable industry in Hebei Province, and then conduct empirical analysis of the development of vegetable industry in Hebei Province. Further, we analyze the development advantage of the vegetable industry in Hebei Province using SAI (Scale Advantage Indices) and SCA (Symmetric Comparative Advantage), drawing the conclusion that the vegetable industry in Hebei Province has much room for development; at the same time, we analyze the factors influencing vegetable consumption of residents in Hebei Province through the regression model, drawing the conclusion that the vegetable consumer price index is the main factor affecting the consumption. Finally we make recommendations for the development of vegetable industry in Hebei Province as follows: increasing financial input, promoting policy guarantee capacity; implementing brand strategy, promoting the competitiveness of products; improving the ecological environment, promoting industrialization of pollution-free vegetables.

Key concepts: Agribusiness, Industrialisation, Business, Status quo, Agricultural economics, Consumption (sociology), Scale (ratio), Comparative advantage

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