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Structural Stability and Recursive Residuals: Quarterly Demand for Meat

Author

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  • Hassan, Zuhair A.
  • Johnson, S.R.

Abstract

Methods have been developed recently for continual evaluation of structural stability for model specification CUSUM and CUSUMSQ tests suggested by Brown, Durbin, and Evans employ recursively ! calculated residuals to permit the examination of structural stability Easily developed plots can be used to gene rate the inferences which can be supported by the tests This article reports on an application of these tests for five quarterly meat demand equations for Canada

Suggested Citation

  • Hassan, Zuhair A. & Johnson, S.R., 1979. "Structural Stability and Recursive Residuals: Quarterly Demand for Meat," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 31(4), pages 1-10, October.
  • Handle: RePEc:ags:uersja:148573
    DOI: 10.22004/ag.econ.148573
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    Cited by:

    1. Ingco, Merlinda D. & Manderscheid, Lester V., 1988. "Modelling Parameter Variation in Econometric Models: A Handbook," Agricultural Economic Report Series 201375, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    2. Ingco, Merlinda D. & Hilker, James H., 1988. "Michigan State University Agriculture Model: U.S. Livestock and Poultry Supply and Demand Component -- Model Structure, Specification, and Empirical Results," Agricultural Economic Report Series 201371, Michigan State University, Department of Agricultural, Food, and Resource Economics.

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