IDEAS home Printed from https://ideas.repec.org/a/ags/ajaeau/22289.html
   My bibliography  Save this article

The Nature Of Price Movements During Single Sales For Three Individual Wool Types Sold In Sydney

Author

Listed:
  • Payne, R.A.
  • Whan, R.B.

Abstract

Price series for three wool types sold in Sydney are tested for the presence of serial correlation using the von Neuman ratio. The results indicate that it is unusual to find significant serial correlation between prices during a single sale. These results have implications for the use of various statistical techniques in wool marketing research and for buying tactics in the market generally.

Suggested Citation

  • Payne, R.A. & Whan, R.B., 1971. "The Nature Of Price Movements During Single Sales For Three Individual Wool Types Sold In Sydney," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 15(2), pages 1-8, August.
    • Handle: RePEc:ags:ajaeau:22289
    DOI: 10.22004/ag.econ.22289
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/22289/files/15020095.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.22289?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Skinner, J.N., 1965. "Some Factors Affecting The Clean Price Of Greasy Wool," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 9(2), pages 1-12, December.
    2. J.N. Skinner, 1965. "Some Factors Affecting The Clean Price Of Greasy Wool," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 9(2), pages 176-187, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jackson, Brenda & Spinks, Murray, 1982. "Price Effects Of Wool Marketing Innovations: Some Empirical Evidence," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 26(1), pages 1-9, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sturgess, Ian M., 1968. "The Wool Board'S Second Report On Marketing: A Review Article," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 12(2), pages 1-19, December.
    2. Beare, Stephen & Meshios, Helen, 1990. "Substitution Between Wools Of Different Fibre Diameter," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 34(1), pages 1-11, April.
    3. Angel, C. & Beare, Stephen & Zwart, A.C., 1990. "Product Characteristics And Arbitrage In The Australian And New Zealand Wool Markets," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 34(1), pages 1-13, April.
    4. Nolan, Elizabeth & Farrell, Terence & Ryan, Madeleine & Gibbon, Candice & Ahmadi-Esfahani, Fredoun Z., 2014. "Valuing quality attributes of Australian merino wool," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 58(3), July.

    More about this item

    Keywords

    Demand and Price Analysis;

    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:ags:ajaeau:22289. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.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.