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Forecasting Livestock Slaughter: An Empirical Assessment of M.L.C. Forecasts

Byers, D. and Peel, David (1987) Forecasting Livestock Slaughter: An Empirical Assessment of M.L.C. Forecasts. Journal of Agricultural Economics, 38 (2). pp. 235-241. ISSN 1477-9552

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Abstract

Allocating resources to the provision of public forecasts may be justified as a means of reducing fluctuations arising from divergent expectations. In this paper we examine certain forecasts provided by the Meat and Livestock Commission. Our results indicate that these forecasts pass a number of tests of model adequacy. In particular they appear to be unbiased and efficient.

Item Type: Article
Journal or Publication Title: Journal of Agricultural Economics
Subjects: H Social Sciences > HB Economic Theory
Departments: Lancaster University Management School > Economics
ID Code: 55953
Deposited By: ep_importer_pure
Deposited On: 19 Jul 2012 16:40
Refereed?: Yes
Published?: Published
Last Modified: 09 Apr 2014 23:50
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/55953

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