American Journal of Agricultural Economics · 1972 · 20 citations · 1 references
AgricultureAgronomyCrop SciencesCrop ManagementCrop ProductionForecastingForecast Error AnalysisYield EstimationYield ForecastingYield PredictionAgricultural Production ForecastingAgricultural Yield Forecasting
Abstract Accuracy of USDA crop forecasts increased moderately over the 1929–1970 period. However, USDA's first forecasts of crop production tended to underestimate crop size and the size of year‐to‐year changes in production. USDA also undercompensates for errors in earlier forecasts when developing revised crop forecasts.
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Carl F. Christ, Henri Theil · Econometrica · 1962 · 1K citations
Business, Economics, Economic Policy +11