Modeling uncertainty in partial equilibrium models through a panar VAR
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Date
2015
Authors
Sanjuán López, Ana IsabelJournal Title
Journal ISSN
Volume Title
Publisher
Editorial Universitat Politecnica de Valencia
Typology
Proceedings Paper , conferenceObjectArticle
Abstract
A Panel VAR model is proposed to estimate the underlying model that governs the
baseline projections on macroeconomic drivers in Partial Equilibrium (PE) models. The panel VAR
is then used to provide forecasts and a confidence interval by Monte Carlo simulation methods, that
further on will feed the PE model to obtain alternative future paths for agricultural markets
Description
Keywords
Bibliographic citation
X Congreso de la Asociación Española de Economía Agraria. Alimentación y territorios sostenibles desde el sur de Europa: Córdoba, 9 - 11 septiembre de 2015, p. 321-326
AGROVOC subjects
Modelos matemáticosTécnicas de predicción
Métodos estadísticos