FORECASTING LIVESTOCK SLAUGHTER: AN EMPIRICAL ASSESSMENT OF MLC FORECASTS
研究了英国肉类和牲畜委员会提供的公共预测,发现这些预测通过了无偏性和效率性检验,对评估公共预测资源分配有参考价值。
Allocating resources to the provision of public forecasts may be justified as a means of reducing fluctuations arising from divergent expectations. In this paper we examine certain forecasts provided by the Meat and Livestock Commission. Our results indicate that these forecasts pass a number of tests of model adequacy. In particular they appear to be unbiased and efficient.