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Granger Causality and U.S. Crop and Livestock Prices

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  • Ziemer, Rod F.
  • Collins, Glenn S.

Abstract

Agricultural economists have recently been attracted to procedures suggested by Granger and others which allow observed data to reveal causal relationships. Results of this study indicate that “causality†tests can be ambiguous in identifying behavioral relationships between agricultural price variables. Caution is suggested when using such procedures for model choice.

Suggested Citation

  • Ziemer, Rod F. & Collins, Glenn S., 1984. "Granger Causality and U.S. Crop and Livestock Prices," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 16(1), pages 115-120, July.
    • Handle: RePEc:cup:jagaec:v:16:y:1984:i:01:p:115-120_01
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    Cited by:

    1. Faruk Urak & Abdulbaki Bilgic & Gürkan Bozma & Wojciech J. Florkowski & Erkan Efekan, 2022. "Volatility in Live Calf, Live Sheep, and Feed Wheat Return Markets: A Threat to Food Price Stability in Turkey," Agriculture, MDPI, vol. 12(4), pages 1-24, April.

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