THE NATURE OF PRICE MOVEMENTS DURING SINGLE SALES FOR THREE INDIVIDUAL WOOL TYPES SOLD IN SYDNEY

R.A. Payne and R.B. Whan

Australian Journal of Agricultural Economics, 1971, vol. 15, issue 2, 8

Abstract: Price series for three wool types sold in Sydney are tested for the presence of serial correlation using the von Neuman ratio. The results indicate that it is unusual to find significant serial correlation between prices during a single sale. These results have implications for the use of various statistical techniques in wool marketing research and for buying tactics in the market generally.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1971
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/22289/files/15020095.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:22289

DOI: 10.22004/ag.econ.22289

Access Statistics for this article

More articles in Australian Journal of Agricultural Economics from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().