Estimating Demand Relations Using Futures Prices

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

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Year of publication:	1979
Authors:	Tomek, William G
Published in:	Agricultural Economics Research. - Economic Research Service. - 1979, 4
Publisher:	Economic Research Service
Subject:	Future prices \| Demand \| Corn \| Forecasting \| Crop Production/Industries \| Research Methods/ Statistical Methods \| Risk and Uncertainty

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

Persistent link: https://www.econbiz.de/10010881960