Browsing UiS Brage by Journals "Econometrics"
Now showing items 1-1 of 1
-
Estimating the Competitive Storage Model with Stochastic Trends in Commodity Prices
(Peer reviewed; Journal article, 2021)We propose a State-Space Model (SSM) for commodity prices that combines the competitive storage model with a stochastic trend. This approach fits into the economic rationality of storage decisions and adds to previous ...