A CAUTIONARY NOTE ON POLYNOMIAL DISTRIBUTED LAG FORMULATIONS OF SUPPLY RESPONSE

Azzeddine Azzam and John F. Yanagida

Western Journal of Agricultural Economics, 1987, vol. 12, issue 01, 5

Abstract: This paper uses the Pagano-Hartley procedure to estimate the lag length and polynomial degree for the case of a quarterly hog supply equation. The results show that the nicely humped shapes which materialize when using the Almon lag may be caused by the failure in accounting for autocorrelation in determining lag length and polynominal degree.

Keywords: Livestock Production/Industries; Research Methods/Statistical Methods (search for similar items in EconPapers)
Date: 1987
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32471

DOI: 10.22004/ag.econ.32471

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