KONCEPCJA SPOSOBU PROGNOZOWANIA CEN PSZENICY W POLSCE Report as inadecuate




KONCEPCJA SPOSOBU PROGNOZOWANIA CEN PSZENICY W POLSCE - Download this document for free, or read online. Document in PDF available to download.

Article refers to a method of forecasting wheat prices in Poland, which was suggested in the literature. Thisidea is based on empirical observations. Authors observed that there is a relationship between global prices ofwheat and prices in Poland. The authors of this article have identified a process ARIMA (0, 1, 1) as a stochasticmodel to describe the global prices of wheat. They also found a correlation coefficients, which confirmed therelationship between the global and Polish prices. They forecasted Polish wheat prices in the second quarterof 2014 and the ex-post errors. All calculations were performed using GRETL.

Keywords: wheat prices ; statistical analysis ; time series ; stationary process ; ARIMA ; prediction

Variant title: IDEA OF FORECASTING THE PRICE OF WHEAT IN POLAND

Subject(s): Agribusiness

Issue Date: 2014

Publication Type: Journal Article

PURL Identifier: http://purl.umn.edu/205228 Published in: 2014

Number 5

Roczniki (Annals)

Record appears in: Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistów Rolnictwa i Agrobiznesu (SERiA) > Roczniki (Annals)





Author: Jodź, Kamil ; Mruklik, Agnieszka

Source: http://ageconsearch.umn.edu/record/205228?ln=en



DOWNLOAD PDF




Related documents