A Bayesian analysis of hop price fluctuations

This paper quantifies the correlation between U.S. season average prices for hops with U.S. hop stocks and U.S. hop hectarage. The Hop Equilibrium Ratio, a measure of the supply/demand relationship for U.S. hops, was introduced. Through the Bayesian inference method, the authors used these data to c...

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Bibliographic Details
Main Authors: Douglas MacKinnon, Martin Pavlovič
Format: Article
Language:English
Published: Czech Academy of Agricultural Sciences 2020-12-01
Series:Agricultural Economics (AGRICECON)
Subjects:
Online Access:https://agricecon.agriculturejournals.cz/artkey/age-202012-0002_a-bayesian-analysis-of-hop-price-fluctuations.php