Gjølberg, Ole; Bengtsson, Berth-Arne - In: Agribusiness 13 (1997) 6, pp. 673-679
In this note, we study the forecasting performance of some simple models applied to the hog markets in the Nordic countries. In terms of accuracy (MSE and MAPE), a simple autoregressive model outperforms the naive expectations benchmark in some samples, as does a very simple VAR-type model in...