Determining Returns to Storage: Does Data Aggregation Matter

Aggregate data are commonly used to determine returns to storage. However, recent studies have shown that aggregating data may lead to underestimated returns. This article compares aggregate and elevator data from Oklahoma to determine if aggregate data underestimate returns. We find no difference between the mean returns estimated with aggregate data and the mean returns estimated with transaction level data from grain elevators in Oklahoma.


Subject(s):
Issue Date:
2007-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/6060
Published in:
Journal of Agricultural and Applied Economics, Volume 39, Number 3
Page range:
571-579
Total Pages:
9
JEL Codes:
Q13




 Record created 2017-04-01, last modified 2017-04-28

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