Estimating Demand Relations Using Futures Prices
William G. Tomek
Journal of Agricultural Economics Research, 1979, vol. 31, issue 4, 10
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)
References: Add references at CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:uersja:148574
Access Statistics for this article
More articles in Journal of Agricultural Economics Research from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().