Agricultural Prices and Commodity Market Analysis
2nd Revised edition
By (author) John N. Ferris
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Agricultural Prices and Commodity Market Analysis by John N. Ferris
Book Description"Agricultural Prices and Commodity Market Analysis" discusses the application of economic theory to agriculture and the food industry, using quantitative tools. The blend of theory and application is unique in detailing how demand and supply can be measured and how econometric simulation models can be constructed and evaluated. This revised edition focuses on forecasting and generating long-term projections, as well as discussing the relatively unexplored area of stochastic modeling, which is critical in handling crop yield variability. Other topics covered include: agricultural policy analysis and futures/options markets. The role of time series models in improving structural equations and forecasting techniques provides a capstone.
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Book DetailsISBN: 9780870137518
(229mm x 178mm x 24mm)
Imprint: Michigan State University Press
Publisher: Michigan State University Press
Publish Date: 15-Nov-2006
Country of Publication: United States
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Author Biography - John N. Ferris
John N. Ferris is a Professor Emeritus in the Department of Agricultural Economics at Michigan State University. Ferris has received numerous awards for his extension programs, five Premiere Forecaster Awards from the American Agricultural Economics Association, and a Distinguished Service to Agriculture Award from the Michigan Farm Bureau.
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