Producer price forecasting in beef cattle sector

Béres, Dániel and Mészáros, Kornélia: Producer price forecasting in beef cattle sector. Proceedings of the Challenges for Analysis of the Economy, the Businesses, and Social Progress : International Scientific Conference Szeged, November 19-21, 2009. pp. 371-381. (2010)

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Abstract

The goal of this paper is to introduce a model which creates a system by using a chain of simple statistical methods. This model is able to give an approaching estimation from the inputs’ price changes to the prices of the output(s) (which of the inputs have the biggest effect on the output). By this way we are able to define the measure of the risk of the entrepreneurs, the companies or even the agricultural producers. The defined risk factors serve as a basis of the later analyses where the decision makers can classify these risk factors to choose out the best methods to risk management. The model is tested on beef cattle sector where the authors are making an experiment to explain the changes of the beef producer price with the price changes of the predefined key input factors.

Item Type: Article
Journal or Publication Title: Proceedings of the Challenges for Analysis of the Economy, the Businesses, and Social Progress : International Scientific Conference Szeged, November 19-21, 2009
Date: 2010
Page Range: pp. 371-381
ISBN: 978-963-06-9558-9
Uncontrolled Keywords: Szarvasmarha-ágazat - Magyarország, Jövedelmezőség - szarvasmarhatenyésztés - Magyarország, Statisztika
Additional Information: Bibliogr.: 381. p. ; összefoglalás angol nyelven
Date Deposited: 2019. Apr. 24. 13:40
Last Modified: 2019. Apr. 24. 13:40
URI: http://acta.bibl.u-szeged.hu/id/eprint/57811

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