Comparing the Box-Jenkins and Econometric Techniques for Forecasting Beef Prices
I.J. Bourke
Review of Marketing and Agricultural Economics, 1979, vol. 47, issue 02, 12
Abstract:
Most published studies which consider the forecasting of agricultural prices have utilised the econometric technique. In many non-agricultural forecasting situations, the Box-Jenkins technique has been found to be of equal accuracy. This paper compares the forecasting accuracy of the Box-Jenkins and econometric techniques for forecasting manufacturing-grade beef prices in the United States of America, and suggests that the Box-Jenkins technique may be the more accurate.
Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:ags:remaae:12477
DOI: 10.22004/ag.econ.12477
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