Economics, Econometrics and Finance
3 years ago

Transition regime models revolutionize corn price forecasting accuracy.

Revista de Economia e Sociologia Rural
The role of transition regime models for corn prices forecasting
Vinícius Phillipe de Albuquerquemello, Rennan Kertlly de Medeiros, Diego Pitta de Jesus, Felipe Araújo de Oliveira

Paper Summary

Related papers

Theme background image
Environmental Science
4 years ago

Agribusiness families in Rio Grande do Sul drive state economy growth.

Rural Development
Forest Biomass
1 view
Theme background image
Agricultural and Biological Sciences
4 years ago

Agribusiness boom in South Brazil reshapes regional economies and trade.

Forest Biomass
Rural Development
Regional Competitiveness
1 view
Economics, Econometrics and Finance
5 years ago

New small macro-econometric model simplifies economic forecasting for global impact.

Econophysics
Monetary Models

Corn prices forecasting is crucial for food and fuel industries. Different models were compared for accuracy from 1995 to 2017. Transition regime models, which consider structural breaks, outperformed others for predicting corn prices. The best models include factors like corn market structure, economic fundamentals, and non-linear trends.