Do Economic Restrictions Improve Forecasts?

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dc.creatorMurphy, Elizabeth A.
dc.creatorNorwood, F. Bailey
dc.creatorWohlgenant, Michael K.
dc.date2017-04-01T19:26:20Z
dc.date.accessioned2026-07-09T03:38:46Z
dc.descriptionA previous study showed that imposing economic restrictions improves the forecasting ability of food demand systems, thus warranting their use even when rejected in-sample. This study attempts to determine whether this is due solely to the fact that restrictions improve degrees of freedom. Results indicate that restrictions improve forecasting ability even when not derived from economic theory, but theoretical restrictions forecast best.
dc.identifierdoi:10.22004/ag.econ.22208
dc.identifierhttps://ageconsearch.umn.edu/record/22208/files/sp03mu01.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/22208
dc.identifier.urihttp://hdl.handle.net/123456789/537337
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/22208
dc.titleDo Economic Restrictions Improve Forecasts?
dc.typeText

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