Empirical Analysis of Agricultural Commodity Prices: A Viewpoint
- 1 January 1993
- journal article
- Published by Oxford University Press (OUP) in Applied Economic Perspectives and Policy
- Vol. 15 (1) , 181-202
- https://doi.org/10.2307/1349721
Abstract
Numerous models of price-demand-supply behavior in agricultural markets have been proposed and estimated. The literature contains valuable contributions, but the cumulative effect is somewhat disappointing. This paper appraises the status of the price analysis literature and makes suggestions for improving the quality of empirical results.Keywords
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