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Dairy supply response under stochastic trend and seasonality

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dc.contributor.author Adhikari, M en
dc.contributor.author Paudel, K en
dc.contributor.author Houstan, J en
dc.contributor.author Bukenya, J en
dc.date.accessioned 2014-06-06T06:47:21Z
dc.date.available 2014-06-06T06:47:21Z
dc.date.issued 2007 en
dc.identifier.issn 13504851 en
dc.identifier.uri http://dx.doi.org/10.1080/13504850600689907 en
dc.identifier.uri http://62.217.125.90/xmlui/handle/123456789/3542
dc.subject.other methodology en
dc.subject.other stochasticity en
dc.subject.other time series en
dc.title Dairy supply response under stochastic trend and seasonality en
heal.type journalArticle en
heal.identifier.primary 10.1080/13504850600689907 en
heal.publicationDate 2007 en
heal.abstract Developing a dairy supply model assuming deterministic trend and seasonality a priori could lead to model misspecification. A structural time series methodology was used to examine the role of stochastic trend and seasonality in a dairy supply response model using quarterly time series data. Four versions of a time-linked model of dairy supply response were compared. A dairy supply model with stochastic seasonality and deterministic trend performed the best, as evidenced by diagnostic tests, goodness-of-fit measures, and forecasting accuracy. Our analysis suggested against the classic approach of incorporating the deterministic seasonality component in dairy supply models. en
heal.journalName Applied Economics Letters en
dc.identifier.issue 12 en
dc.identifier.volume 14 en
dc.identifier.doi 10.1080/13504850600689907 en
dc.identifier.spage 887 en
dc.identifier.epage 891 en


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