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Empirical Analysis Of Agricultural Commodity Prices: A Viewpoint

Author

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  • Tomek, William G.
  • Myers, Robert J.

Abstract

Numerous models of price-demand-supply behavior in agricultural markets have been proposed and estimated. The literature contains valuable contributions, but the cumulative effect is somewhat disappointing. This paper appraises the status of the price analysis literature and makes suggestions for improving the quality of empirical results. Both structural and time-series models are appraised.

Suggested Citation

  • Tomek, William G. & Myers, Robert J., 1993. "Empirical Analysis Of Agricultural Commodity Prices: A Viewpoint," Working Papers 6847, Cornell University, Department of Applied Economics and Management.
    • Handle: RePEc:ags:cudawp:6847
    DOI: 10.22004/ag.econ.6847
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    References listed on IDEAS

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