Incorporación del riesgo en modelos econométricos de oferta
high correlation was found between simple risk measures like moving range and moving standard desviation, with the complex measures like naive expectations, adaptive expectations and expectations based on Almon's lags for cotton in Colombia. Although the coefficients of the risk variables prese...
- Autores:
-
Rosales Alvarez, Ramón
- Tipo de recurso:
- Article of investigation
- Fecha de publicación:
- 1990
- Institución:
- Agrosavia
- Repositorio:
- Agrosavia
- Idioma:
- spa
- OAI Identifier:
- oai:repository.agrosavia.co:20.500.12324/35383
- Acceso en línea:
- http://hdl.handle.net/20.500.12324/35383
- Palabra clave:
- Economía de la producción - E16
Gossypium,
Evaluación de riesgos
Modelos econométricos
Oferta y demanda
Transitorios
- Rights
- License
- Attribution-NonCommercial-NoDerivatives 4.0 International
| Summary: | high correlation was found between simple risk measures like moving range and moving standard desviation, with the complex measures like naive expectations, adaptive expectations and expectations based on Almon's lags for cotton in Colombia. Although the coefficients of the risk variables presented the correct signs for the area and production models, they were not statistically significant. Apparently, there is no gain from using complex risk measures compared to the simple measures. it is recommended to work on other measures of risk, in order to establish comparisions of the signs and the statistically significance of the coefficients with the results presented in this study. |
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