IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v73y1991i3p594-600..html
   My bibliography  Save this article

Are Farrowing Intentions Rational Forecasts?

Author

Listed:
  • David E. Runkle

Abstract

This paper tests whether quarterly data on hog farmers' sow-farrowing intentions released in Hogs and Pigs are rational forecasts of actual farrowings. The empirical results show that neither one- nor two-quarter-ahead intentions are rational forecasts. Econometric methods and the implications of the empirical results for the rational expectations hypothesis are also discussed.

Suggested Citation

  • David E. Runkle, 1991. "Are Farrowing Intentions Rational Forecasts?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(3), pages 594-600.
    • Handle: RePEc:oup:ajagec:v:73:y:1991:i:3:p:594-600.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1242812
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Isengildina, Olga & Irwin, Scott H. & Good, Darrel L., 2004. "Does The Market Anticipate Smoothing In Usda Crop Production Forecasts?," 2004 Annual meeting, August 1-4, Denver, CO 20145, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Frank, Julieta & Garcia, Philip & Irwin, Scott H., 2008. "To What Surprises Do Hog Futures Markets Respond?," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 40(1), pages 73-87, April.
    3. Francisco Alvarez-Cuadrado & Jose Maria Casado & Jose Maria Labeaga, 2016. "Envy and Habits: Panel Data Estimates of Interdependent Preferences," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 78(4), pages 443-469, August.
    4. Olga Isengildina-Massa & Berna Karali & Scott H Irwin, 2017. "Do Markets Correct for Smoothing in USDA Crop Production Forecasts? Evidence from Private Analysts and Futures Prices," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 39(4), pages 559-583.
    5. Diersen, Matthew A., 2001. "South Dakota's Hog Market: Developments and Prospects," Economics Staff Papers 32021, South Dakota State University, Department of Economics.

    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:oup:ajagec:v:73:y:1991:i:3:p:594-600.. 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: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.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.