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- W1545852348 abstract "The first step towards forecasting the price and output of the cattle industry is understanding the dynamics of the livestock production process. This study follows up on the Weimar and Stillman (1990) paper by using data from 1970 to 2005 to estimate the parameters that characterizes the cattle output supply. The model is then used to estimate forecast values for the periods 2006 and 2007. Bayesian limited information likelihood method is used to estimate the parameters when endogeneity exists between these variables. The forecasting ability of the model for a two-step ahead forecast for majority of the variables are relatively good and test statistic of the forecast are reported." @default.
- W1545852348 created "2016-06-24" @default.
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- W1545852348 date "2009-04-01" @default.
- W1545852348 modified "2023-09-27" @default.
- W1545852348 title "A Limited Information Bayesian Forecasting Model of the Cattle SubSector" @default.
- W1545852348 hasPublicationYear "2009" @default.
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