FORECASTING FOR AUSTRALIAN AGRICULTURE

The paper provides a review of the objectives of forecasts and of the techniques for generating forecasts in the context of agriculture. Forecasts provide information to facilitate decision making. The techniques are evaluated in terms of assumptions about the processes generating the forecast variables, their relative requirements for time, data and other resources, and their relative forecast accuracy. An evaluation of naive, informal model and econometric model forecasts of Australian agricultural commodity prices and production levels is reported.


Issue Date:
1975-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22334
Published in:
Australian Journal of Agricultural Economics, Volume 19, Number 3
Page range:
154-174
Total Pages:
21




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

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