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Development of a mid-term preceding observation model for radish

무의 중기 선행관측모형 개발

  • Cho, Jae-Hwan (Department of Agricultural Economics, Pusan National University) ;
  • Lee, Han-Sung (Department of Agricultural Economics, Pusan National University)
  • Received : 2011.07.14
  • Accepted : 2011.09.19
  • Published : 2011.09.30

Abstract

This study develops a mid-term preceding observation model of radish to complement an existing short-term agricultural observation model. The first purpose of the study is to extend a three seasonal classification(spring, summer, fall) of fruit-vegetables to a four seasonal classification that involves the winter additionally. This allows us to verify the reason for demand and supply unbalance and unstable price of radish. The second purpose is to construct a mid-term preceding observation model that would be used to forecast planted areas, output, monthly shipment and price. To achieve these purposes, several multiple regression models are estimated. A system is consisted of a planted areas equation, a yield equation, monthly shipment distribution equation, and monthly price equation. To calculate output an auxiliary equation is involved in the system and the consumer price index etc are considered as exogenous variables.

Keywords

References

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