Time series modelling and forecasting of Sarawak black pepper prices / Liew Khiin Sen ... [et al.]
Pepper is an important agricultural commodity especially for the state of Sarawak. It is important to forecast its price, as this can help the policy makers in coming up with production and marketing plans to improve the Sarawak's economy as well as the farmers' welfare. In this paper, the...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Book |
| Published: |
Universiti Teknologi MARA Sarawak,
2003-06.
|
| Subjects: | |
| Online Access: | Link Metadata |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
MARC
| LEADER | 00000 am a22000003u 4500 | ||
|---|---|---|---|
| 001 | repouitm_44863 | ||
| 042 | |a dc | ||
| 100 | 1 | 0 | |a Liew, Khiin Sen |e author |
| 700 | 1 | 0 | |a Shitan, Mahendran |e author |
| 700 | 1 | 0 | |a Hussain, Huzaimi |e author |
| 245 | 0 | 0 | |a Time series modelling and forecasting of Sarawak black pepper prices / Liew Khiin Sen ... [et al.] |
| 260 | |b Universiti Teknologi MARA Sarawak, |c 2003-06. | ||
| 500 | |a https://ir.uitm.edu.my/id/eprint/44863/1/44863.pdf | ||
| 520 | |a Pepper is an important agricultural commodity especially for the state of Sarawak. It is important to forecast its price, as this can help the policy makers in coming up with production and marketing plans to improve the Sarawak's economy as well as the farmers' welfare. In this paper, the time series models are used to forecast the Sarawak black pepper price. It is formally shown in this paper that the pepper price series does not follow a random walk process. Through a battery of diagnostic tests, this paper further shows that Autoregressive Moving Average (ARMA) time series models fit the price series well. The ARMA (1,0) model seems to be the best fitting model for predicting the pepper price based on the data used in this study. | ||
| 546 | |a en | ||
| 690 | |a Agricultural economics | ||
| 690 | |a Agricultural industries | ||
| 655 | 7 | |a Article |2 local | |
| 655 | 7 | |a PeerReviewed |2 local | |
| 787 | 0 | |n https://ir.uitm.edu.my/id/eprint/44863/ | |
| 856 | 4 | 1 | |u https://ir.uitm.edu.my/id/eprint/44863/ |z Link Metadata |