Dynamic model for price of wheat in Bangladesh

Dynamic model for price of wheat in Bangladesh

Wheat is the second staple food of Bangladesh. In this paper we constructed a dynamic model for wheat price. Basically we constructed a single equation autoregressive integrated moving average (ARIMA) model of the price (quarterly wholesale wheat price). Standard ARIMA analysis rests on the simplify...

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Bibliographic Details
Main Authors: Rabbani, Golam, Haque, A. K. M. Ahasanul, Khalek, Abdul
Format: Article
Language:English
Published: EuroJournals Publishing, Inc. 2009
Subjects:
HF5001 Business. Business Administration
Online Access:http://irep.iium.edu.my/1348/
http://irep.iium.edu.my/1348/
http://irep.iium.edu.my/1348/1/Dynamic_model_for_price_of_wheat_in_Bangladesh.pdf
id iium-1348
recordtype eprints
spelling iium-13482011-11-24T00:43:18Z http://irep.iium.edu.my/1348/ Dynamic model for price of wheat in Bangladesh Rabbani, Golam Haque, A. K. M. Ahasanul Khalek, Abdul HF5001 Business. Business Administration Wheat is the second staple food of Bangladesh. In this paper we constructed a dynamic model for wheat price. Basically we constructed a single equation autoregressive integrated moving average (ARIMA) model of the price (quarterly wholesale wheat price). Standard ARIMA analysis rests on the simplifying assumption that the time series is stationary. So, at first stationary of the series is checked. An ARIMA (1,1,0) (2,1,1)4 model is constructed based on the autocorrelation and partial autocorrelation functions. Finally, forecasts are made based on the model developed. EuroJournals Publishing, Inc. 2009 Article PeerReviewed application/pdf en http://irep.iium.edu.my/1348/1/Dynamic_model_for_price_of_wheat_in_Bangladesh.pdf Rabbani, Golam and Haque, A. K. M. Ahasanul and Khalek, Abdul (2009) Dynamic model for price of wheat in Bangladesh. European Journal of Social Sciences, 10 (2). pp. 254-263. ISSN 1450-2267 http://www.eurojournals.com/ejss_10_2.htm
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HF5001 Business. Business Administration
spellingShingle HF5001 Business. Business Administration
Rabbani, Golam
Haque, A. K. M. Ahasanul
Khalek, Abdul
Dynamic model for price of wheat in Bangladesh
description Wheat is the second staple food of Bangladesh. In this paper we constructed a dynamic model for wheat price. Basically we constructed a single equation autoregressive integrated moving average (ARIMA) model of the price (quarterly wholesale wheat price). Standard ARIMA analysis rests on the simplifying assumption that the time series is stationary. So, at first stationary of the series is checked. An ARIMA (1,1,0) (2,1,1)4 model is constructed based on the autocorrelation and partial autocorrelation functions. Finally, forecasts are made based on the model developed.
format Article
author Rabbani, Golam
Haque, A. K. M. Ahasanul
Khalek, Abdul
author_facet Rabbani, Golam
Haque, A. K. M. Ahasanul
Khalek, Abdul
author_sort Rabbani, Golam
title Dynamic model for price of wheat in Bangladesh
title_short Dynamic model for price of wheat in Bangladesh
title_full Dynamic model for price of wheat in Bangladesh
title_fullStr Dynamic model for price of wheat in Bangladesh
title_full_unstemmed Dynamic model for price of wheat in Bangladesh
title_sort dynamic model for price of wheat in bangladesh
publisher EuroJournals Publishing, Inc.
publishDate 2009
url http://irep.iium.edu.my/1348/
http://irep.iium.edu.my/1348/
http://irep.iium.edu.my/1348/1/Dynamic_model_for_price_of_wheat_in_Bangladesh.pdf
first_indexed 2023-09-18T20:08:37Z
last_indexed 2023-09-18T20:08:37Z
_version_ 1777407327362613248

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