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Registros recuperados: 4
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Determining Returns to Storage: Does Data Aggregation Matter AgEcon
Klumpp, Joni M.; Brorsen, B. Wade; Anderson, Kim B..
Aggregate data are commonly used to determine returns to storage. However, recent studies have shown that aggregating data may lead to underestimated returns. This article compares aggregate and elevator data from Oklahoma to determine if aggregate data underestimate returns. We find no difference between the mean returns estimated with aggregate data and the mean returns estimated with transaction level data from grain elevators in Oklahoma.
Tipo: Journal Article Palavras-chave: Aggregate data; Data collection; Information loss; Returns to storage; Agribusiness; Q13.
Ano: 2007 URL: http://purl.umn.edu/6060
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Determining Returns to Storage: USDA Data versus Micro Level Data AgEcon
Klumpp, Joni M.; Brorsen, B. Wade; Anderson, Kim B..
USDA data are commonly used to determine producers' returns to storage. Aggregating data may result in a loss of information, leading to underestimated returns. This study compares USDA and elevator data from Oklahoma to determine how much USDA data underestimates returns. Results indicate USDA data only slightly underestimate returns to storage.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2005 URL: http://purl.umn.edu/19523
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The Impact of Marketing Strategy Information on the Producer's Selling Decision AgEcon
Klumpp, Joni M.; Brorsen, B. Wade; Anderson, Kim B..
There is no shortage of studies regarding price forecasting and marketing strategies of producers. However, the majority of these studies take a normative approach, focusing on deriving an optimal strategy for producers to follow based on information received from producer surveys. Due to such things as psychological biases, producers may not actually use the marketing information that they say they do. This study uses actual producer transaction data to determine how producers marketing decisions correspond with those recommended by market advisory services and with those that use futures spreads to calculate expected returns. The results show that producers do respond to using futures spreads to represent expected returns to storage. Also, it...
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2005 URL: http://purl.umn.edu/19036
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The Preference for Round Number Prices AgEcon
Klumpp, Joni M.; Brorsen, B. Wade; Anderson, Kim B..
This study determines if a preference for round prices exists in the wheat market and how wheat sales react to price movements around whole dollar amounts. The results show round prices are slightly more prevalent than non-round prices and that transactions increase when price moves above a whole dollar amount.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/35537
Registros recuperados: 4
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