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In the years to come, German wheat, corn and aggregated cereal yields can be expected to show growing deviations from a linearly increasing trend. This results from the Bayesian Updating approach I apply to agricultural yield data. The updating procedure is carried out on a set of hypotheses on...
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Agricultural yields depend on an encompassing set of technical and environmental factors. The development of such factors often is not fully observable, and their interactions and impacts on yields have not been completely understood. This paper proposes a Bayesian method for forming...
Persistent link: https://www.econbiz.de/10004979821
Agricultural yields depend on an encompassing set of technical and environmental factors. The development of such factors often is not fully observable, and their interactions and impacts on yields have not been completely understood. This paper proposes a Bayesian method for forming...
Persistent link: https://www.econbiz.de/10014667238