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Econometric Models for Quarterly Shell Egg Prices
Author(s) -
Roy Sujit K.,
Johnson Phillip N.
Publication year - 1973
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1238439
Subject(s) - econometrics , economics , interdependence , shell (structure) , econometric model , least squares function approximation , statistics , mathematics , engineering , civil engineering , estimator , political science , law
Relationships determining shell egg prices were analyzed by developing models involving a simultaneous equation system estimated by using the three‐stage least squares method. The findings substantiated the postulated relations including the interdependency of the shell egg and breaking egg sectors. Price estimates generated from the models appeared acceptable.