Dynamic Analysis and Forecasts of Rough Rice Price under Government Price Support Program: An Application of Bayesian VAR

This study constructs a Bayesian VAR model of US rice prices, in conjunction with supply and demand functions. Various validation tests are conducted to examine whether or not the BVAR model satisfies its dual functionality: Providing a dynamic analysis of the effects of a price support program and generating reasonable short-term rice price forecasts.


Issue Date:
2006
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/35279
Total Pages:
17
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-11-24

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