STATE-SPACE MODELING OF CYCLICAL SUPPLY, SEASONAL DEMAND, AND AGRICULTURAL INVENTORIES

被引:10
作者
DORFMAN, JH [1 ]
HAVENNER, A [1 ]
机构
[1] UNIV CALIF DAVIS,DEPT AGR ECON,DAVIS,CA 95616
关键词
ALTERNATE BEARING; INVENTORIES; OLIVES; OPTIMAL CONTROL; SEASONALITY; STATESPACE MODELS;
D O I
10.2307/1242835
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
The production of certain agricultural products follows an alternate bearing pattern of large and small crops. Many agricultural products also experience seasonal shifts in demand. Such patterns present a natural opportunity for profitable inventories. This paper applies state-space modeling techniques to the problem of modeling cyclical patterns in supply and demand and presents an application to the determination of inventory levels for such agricultural products using linear quadratic control.
引用
收藏
页码:829 / 840
页数:12
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