THE NATURE OF PRICE MOVEMENTS DURING SINGLE SALES FOR THREE INDIVIDUAL WOOL TYPES SOLD IN SYDNEY

Price series for three wool types sold in Sydney are tested for the presence of serial correlation using the von Neuman ratio. The results indicate that it is unusual to find significant serial correlation between prices during a single sale. These results have implications for the use of various statistical techniques in wool marketing research and for buying tactics in the market generally.


Issue Date:
1971-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22289
Published in:
Australian Journal of Agricultural Economics, Volume 15, Number 2
Page range:
95-102
Total Pages:
8




 Record created 2017-04-01, last modified 2017-08-22

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