Sanders, Dwight R.; Manfredo, Mark R. - In: Agribusiness 24 (2008) 1, pp. 55-66
United States Department of Agriculture (USDA) livestock production forecasts are evaluated for their information content across multiple forecast horizons using the direct test developed by Vuchelen and Gutierrez (2005). Forecasts are explicitly tested for rationality (unbiased and efficient)...