Estimating Demand Relations Using Futures Prices

William G. Tomek

Journal of Agricultural Economics Research, 1979, vol. 31, issue 4, 10

Abstract: Preharvest production forecasts can be combined with contemporaneous price quotations for futures contracts to estimate demand equations, but the methodology has limitations for estimating structural coefficients An application using data for corn highlights the difficulties The methodology, however, does seem to be a promising descriptive tool, and it may also provide helpful information about structural relationships

Keywords: Crop Production/Industries; Research Methods/Statistical Methods; Risk and Uncertainty (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersja:148574

DOI: 10.22004/ag.econ.148574

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