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Agricultural Prices and Commodity Market Analysis - 05 edition

Agricultural Prices and Commodity Market Analysis (ISBN10: 0870137514; ISBN13: 9780870137518)
ISBN13: 978-0870137518
ISBN10: 0870137514

Summary: Agricultural Prices and Commodity Market Analysis discusses the application of economic theory to agriculture and the food industry using quantitative tools. The blend of theory and application is unique in detailing how demand and supply can be measured and how econometric simulation models can be constructed and evaluated. This revised edition focuses on forecasting and generating long-term projections as well as discussing the relatively unexplored areas of stochastic modeling whi
ch is critical in handling crop yield variability. Other topics covered include agricultural policy analysis and futures/options markets. The role of time series models in improving structural equations and forecasting techniques provides a capstone.
...show more
Summary: Agricultural Prices and Commodity Market Analysis discusses the application of economic theory to agriculture and the food industry using quantitative tools. The blend of theory and application is unique in detailing how demand and supply can be measured and how econometric simulation models can be constructed and evaluated. This revised edition focuses on forecasting and generating long-term projections as well as discussing the relatively unexplored areas of stochastic modeling which is critical in handling crop yield variability. Other topics covered include agricultural policy analysis and futures/options markets. The role of time series models in improving structural equations and forecasting techniques provides a capstone. ...show less

Edition/Copyright: 05
Cover: Hardcover
Publisher: Michigan State University Press
Published: 07/28/2005
International: No

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