Determining Returns to Storage: Does Data Aggregation Matter

Aggregate data are commonly used to determine returns to storage. However, recent studies have shown that aggregating data may lead to underestimated returns. This article compares aggregate and elevator data from Oklahoma to determine if aggregate data underestimate returns. We find no difference between the mean returns estimated with aggregate data and the mean returns estimated with transaction level data from grain elevators in Oklahoma.

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Year of publication:	2007
Authors:	Klumpp, Joni M. ; Brorsen, B. Wade ; Anderson, Kim B.
Published in:	Journal of Agricultural and Applied Economics. - Southern Agricultural Economics Association - SAEA. - Vol. 39.2007, 03
Publisher:	Southern Agricultural Economics Association - SAEA
Subject:	aggregate data \| data collection \| information loss \| returns to storage \| Agribusiness

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005513946