Document Type
Article
Publication Date
4-1-1985
Keywords
agricultural economics, farm markets, corn markets
Abstract
Causality tests and path analysis are combined to create a new procedure for use in evaluating agricultural markets. The two complementary techniques combine to form a strong process for measuring the direction and strength of causal relationships within a structural equation model. An empirical example which evaluates midwestern corn market price relationships is presented.
Publisher
Department of Economics, South Dakota State University
Series Number
85-5
Number of Pages
21
Recommended Citation
Blank, Steven and Schmiesing, Brian, "Combining Causality Tests and Path Analysis to Model Agricultural Markets" (1985). Economics Staff Paper Series. 31.
https://openprairie.sdstate.edu/econ_staffpaper/31