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Harmonic Analysis of Seasonal Data: Some Important Properties

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  • H. E. Doran
  • J. J. Quilkey

Abstract

The harmonic model has important properties which enable OLS (Ordinary Least Squares) to be used to estimate efficiently a stable seasonal pattern. These properties are considered, and a procedure is suggested to facilitate a trade-off between simplicity and precision in the specification of the model. Two empirical examples illustrating this procedure are presented.

Suggested Citation

  • H. E. Doran & J. J. Quilkey, 1972. "Harmonic Analysis of Seasonal Data: Some Important Properties," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(4_Part_1), pages 646-651.
    • Handle: RePEc:oup:ajagec:v:54:y:1972:i:4_part_1:p:646-651.
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    File URL: http://hdl.handle.net/10.2307/1238542
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    1. Behzad FAKARI & Mohammad Mehdi FARSI & Mostafa KOJOURI, 2013. "Determining fluctuations and cycles of corn price in Iran," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 59(8), pages 373-380.
    2. Kaiser, Harry M., 1994. "An Analysis Of Policy Alternatives To The Dairy Price Support Program," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 23(2), pages 1-13, October.
    3. Lohr, L. & Park, Timothy, 1990. "Testing for Supply Asymmetry in the Market for Organic Lettuce," 1990 Annual meeting, August 5-8, Vancouver, Canada 270979, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Federico Maddanu & Tommaso Proietti, 2023. "Trends in atmospheric ethane," Climatic Change, Springer, vol. 176(5), pages 1-23, May.
    5. Kinnucan, Henry, 1984. "Evaluating Farm Commodity Promotional * * Programs," 1984 Annual Meeting, August 5-8, Ithaca, New York 279028, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Liu, Donald J. & Kaiser, Harry M. & Mount, Timothy D. & Forker, Olan D., 1991. "Modeling The U.S. Dairy Sector With Government Intervention," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(2), pages 1-14, December.
    7. Kaiser, Harry M., 1993. "An Analysis of Alternatives to the Dairy Price Support Program," Research Bulletins 123016, Cornell University, Department of Applied Economics and Management.
    8. Lohr, Luanne & Park, Timothy A., 1992. "Certification And Supply Response In The Organic Lettuce Market," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 17(2), pages 1-13, December.
    9. Kinnucan, Henry W. & Forker, Olan D., 1988. "Allocation Of Generic Advertising Funds Among Products: A Sales Maximization Approach," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 17(1), pages 1-8, April.
    10. Gould, Brian W. & Cox, Thomas L. & Perali, Frederico, 1989. "Determinants of the Demand for Food Fats and Oils: The Role of Demographic Variables and Government Donations," Staff Papers 200486, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    11. Evans, Kevin J. & Streeter, Deborah H. & Hudson, Michael A., 1992. "An Integrated Approach to Modeling Price Volatility in the Live Cattle Futures Market," Staff Papers 121352, Cornell University, Department of Applied Economics and Management.
    12. Tomek, William G. & Robinson, Kenneth L., 1977. "PART V. Agricultural Price Analysis and Outlook," AAEA Monographs, Agricultural and Applied Economics Association, number 337217, january.
    13. Hahn, William F., 2017. "Cattle, Cutouts, and the Drop: How Much Information is in Disaggregated Cattle Prices?," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258027, Agricultural and Applied Economics Association.
    14. Streeter, Deborah H. & Tomek, William G., 1989. "Models of the Variability of Futures Prices: Specification and Evaluation," Staff Papers 197571, Cornell University, Department of Applied Economics and Management.
    15. Liu, Donald J. & Kaiser, Harry M. & Forker, Olan D. & Mount, Timothy D., 1990. "An Economic Analysis Of The U.S. Generic Dairy Advertising Program Using An Industry Model," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 19(1), pages 1-12, April.
    16. Ryland, G.J., 1975. "Forecasting Crop Quality," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 43(02), pages 1-16, June.
    17. Vickner, Steven S. & Davies, Stephen P. & Fulton, Joan R. & Vantreese, Valerie L., 2000. "Estimating Market Power And Pricing Conduct For Private-Label And National Brands In A Product-Differentiated Oligopoly: The Case Of A Frozen Vegetable Market," Journal of Food Distribution Research, Food Distribution Research Society, vol. 31(2), pages 1-13, July.
    18. Renwick, Mary E. & Green, Richard D., 2000. "Do Residential Water Demand Side Management Policies Measure Up? An Analysis of Eight California Water Agencies," Journal of Environmental Economics and Management, Elsevier, vol. 40(1), pages 37-55, July.
    19. Chanjin Chung & Harry M. Kaiser, 2000. "Determinants of temporal variations in generic advertising effectiveness," Agribusiness, John Wiley & Sons, Ltd., vol. 16(2), pages 197-214.
    20. Chung, Chanjin & Kaiser, Harry M., 1998. "Determinants of Temporal Variations in Advertising Effectiveness," Research Bulletins 122689, Cornell University, Department of Applied Economics and Management.

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