An Automated Econometric Approach for Estimating and Reporting Daily Cotton Market Prices

Jeff E. Brown, Don E. Ethridge, Darren Hudson and Carlos Engels

Journal of Agricultural and Applied Economics, 1995, vol. 27, issue 2, 409-422

Abstract: An automated price reporting system developed through computer technology and hedonic price theory is used to estimate daily cotton market prices, premiums, and discounts. This objective approach for reporting cotton market prices was developed to complement the objective measures of high volume instrument grading of cotton. The computerized, econometric system is limited to the Texas and Oklahoma marketing regions where sales are readily available from electronic markets. The econometric based system has shown all the characteristics of an efficient price reporting system; it is accurate, reliable, consistent, and repeatable in its working process and price estimates.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
Journal Article: AN AUTOMATED ECONOMETRIC APPROACH FOR ESTIMATING AND REPORTING DAILY COTTON MARKET PRICES (1995)
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:cup:jagaec:v:27:y:1995:i:02:p:409-422_02

Access Statistics for this article

More articles in Journal of Agricultural and Applied Economics from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().