IDEAS home Printed from https://ideas.repec.org/p/ias/cpaper/90-wp51.html
   My bibliography  Save this paper

Integration of Alternative Information Systems: An Application to the Hogs and Pigs Report, The

Author

Listed:
  • Karl D. Skold
  • Stanley R. Johnson

Abstract

Two competing econometric models of the U.S. pork sector augment the initial U.S. Department of Agriculture (USDA) estimates of the U.S. Hogs kept for breeding with market information. The first incorporates the rational expectation hypothesis and the second uses futures market prices as the expectation mechanism. By using alternative composite forecasting methods, the model forecasts are weighted optimally with the initial USDA estimates. The results show that the USDA could use this cost-effective method to improve the accuracy of the initial estimates of the U.S. hogs kept for breeding by over 20 percent.

Suggested Citation

  • Karl D. Skold & Stanley R. Johnson, 1990. "Integration of Alternative Information Systems: An Application to the Hogs and Pigs Report, The," Center for Agricultural and Rural Development (CARD) Publications 90-wp51, Center for Agricultural and Rural Development (CARD) at Iowa State University.
  • Handle: RePEc:ias:cpaper:90-wp51
    as

    Download full text from publisher

    File URL: https://www.card.iastate.edu/products/publications/pdf/90wp51.pdf
    File Function: Full Text
    Download Restriction: no

    File URL: https://www.card.iastate.edu/products/publications/synopsis/?p=655
    File Function: Online Synopsis
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ias:cpaper:90-wp51. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/caiasus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.