@article{Zhao:122948,
      recid = {122948},
      author = {Zhao, Huan and Liu, Jian-qiu and Qu, Kai-yue and Feng, Li  and He, Yi},
      title = {Reason Analysis and Risk Prevention of Soaring Price of  Traditional Chinese Medicinal Materials},
      journal = {Asian Agricultural Research},
      address = {2011-10},
      number = {1812-2016-142887},
      pages = {4},
      year = {2011},
      abstract = {In recent years, the price of traditional Chinese  medicinal materials soars continuously, and the resulting  price risk increasingly looms large, which has critically  affected midstream and downstream industries and peoples'  demand for drug, and imperiled healthy and orderly  development of traditional Chinese medicinal industries.  Based on the status quo of continuous skyrocketing price of  traditional Chinese medicinal materials at present, we  winkle out the root cause of soaring price as follows: the  supply and demand lose balance; the production costs hike  up; there are other factors responsible for soaring price.  This paper further analyses the impact of sharp increase in  price of traditional Chinese medicinal materials on ail  links of industry chain as follows: the medicinal herb  growers never benefit from soaring price; the  counterfeiters and forgers in midstream industry increase;  the gross profit rate of Chinese medicine enterprises  declines. In accordance with the risk arising from abnormal  fluctuation in price of traditional Chinese medicinal  materials, corresponding precautionary measures are put  forward as follows: promote the quality of traditional  Chinese medicinal materials through management of value  chain; curtail the production and management cost of  traditional Chinese medicinal materials through management  of organization chain; stabilize price of traditional  Chinese medicinal materials through management of  information chain; reduce transaction cost of traditional  Chinese medicinal materials through management of logistics  chain.},
      url = {http://ageconsearch.umn.edu/record/122948},
      doi = {https://doi.org/10.22004/ag.econ.122948},
}