Empirical research on the integration of agricultural services market between Guangdong province and Hongkong

Abstract

The cross-border integration of agricultural markets is a new field of supply chain management.The agricultural market between Guangdong and Hong Kong always have very strong ties. However, This cross-border market integration is undoubtedly different from the market integration based on the mainland level. This paper regards the cross-border agricultural market between these two different customs zone as the breakthrough point and deeply studies the issues of the integration of agricultural product market between Guangdong and Hong Kong, using the price data from January, 2000 to December, 2009. The results show that the agricultural product market between Guangdong and Hong Kong generally has a tendency of long-term integration, but the short-term integration is far lower than long-term integration. The implement of CEPA is conducive to propel the integration of agricultural product market between Guangdong and Hong Kong. Upgrade level of integration between Hong Kong and Guangdong agricultural markets to cross-border supply chain management efficiency improvement is significant.