Premium
Empirical Analysis of Agricultural Commodity Prices: A Viewpoint
Author(s) -
Tomek William G.,
Myers Robert J.
Publication year - 1993
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.2307/1349721
Subject(s) - commodity , economics , agriculture , agricultural economics , financial economics , econometrics , market economy , geography , archaeology
Numerous models of price‐demand‐supply behavior in agricultural markets have been proposed and estimated. The literature contains valuable contributions, but the cumulative effect is somewhat disappointing. This paper appraises the status of the price analysis literature and makes suggestions for improving the quality of empirical results.