Time series modelling and forecasting of Sarawak black pepper prices / Liew Khim Sen, Mahendran Shitan and Huzaimi Hussain

Pepper is an important agriculture commodity especially for the state of Sarawak. It is important to forecast its price, as this can help the policy makers in coming up with production and marketing plans to improve the Sarawak's economy as well as the farmers' welfare. In this paper, the...

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Main Authors:	Liew, Khim Sen, Shitan, Mahendran, Huzaimi, Hussain
Format:	Article
Language:	English
Published:	Universiti Teknologi MARA, Sarawak 2003
Subjects:	Vegetables Pepper
Online Access:	http://ir.uitm.edu.my/id/eprint/11514/ http://ir.uitm.edu.my/id/eprint/11514/1/AJ_LIEW%20KHIM%20SEN%20JAS%2003.pdf

id	uitm-11514
recordtype	eprints
spelling	uitm-115142015-03-16T04:13:49Z http://ir.uitm.edu.my/id/eprint/11514/ Time series modelling and forecasting of Sarawak black pepper prices / Liew Khim Sen, Mahendran Shitan and Huzaimi Hussain Liew, Khim Sen Shitan, Mahendran Huzaimi, Hussain Vegetables Pepper Pepper is an important agriculture commodity especially for the state of Sarawak. It is important to forecast its price, as this can help the policy makers in coming up with production and marketing plans to improve the Sarawak's economy as well as the farmers' welfare. In this paper, the time series models are used to forecast the Sarawak black pepper price. It is formally shown in this paper that the pepper price series does not follow a random shows that Autoregressive Moving Average (ARMA) time series models fit the price series well. The ARMA (1,0) model seems to be the best fitting model predicting the pepper price based on the data used in this study. Universiti Teknologi MARA, Sarawak 2003 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/11514/1/AJ_LIEW%20KHIM%20SEN%20JAS%2003.pdf Liew, Khim Sen and Shitan, Mahendran and Huzaimi, Hussain (2003) Time series modelling and forecasting of Sarawak black pepper prices / Liew Khim Sen, Mahendran Shitan and Huzaimi Hussain. Jurnal Akademik UiTM Sarawak. pp. 39-55. ISSN 0128-2635
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Vegetables Pepper
spellingShingle	Vegetables Pepper Liew, Khim Sen Shitan, Mahendran Huzaimi, Hussain Time series modelling and forecasting of Sarawak black pepper prices / Liew Khim Sen, Mahendran Shitan and Huzaimi Hussain
description	Pepper is an important agriculture commodity especially for the state of Sarawak. It is important to forecast its price, as this can help the policy makers in coming up with production and marketing plans to improve the Sarawak's economy as well as the farmers' welfare. In this paper, the time series models are used to forecast the Sarawak black pepper price. It is formally shown in this paper that the pepper price series does not follow a random shows that Autoregressive Moving Average (ARMA) time series models fit the price series well. The ARMA (1,0) model seems to be the best fitting model predicting the pepper price based on the data used in this study.
format	Article
author	Liew, Khim Sen Shitan, Mahendran Huzaimi, Hussain
author_facet	Liew, Khim Sen Shitan, Mahendran Huzaimi, Hussain
author_sort	Liew, Khim Sen
title	Time series modelling and forecasting of Sarawak black pepper prices / Liew Khim Sen, Mahendran Shitan and Huzaimi Hussain
title_short	Time series modelling and forecasting of Sarawak black pepper prices / Liew Khim Sen, Mahendran Shitan and Huzaimi Hussain
title_full	Time series modelling and forecasting of Sarawak black pepper prices / Liew Khim Sen, Mahendran Shitan and Huzaimi Hussain
title_fullStr	Time series modelling and forecasting of Sarawak black pepper prices / Liew Khim Sen, Mahendran Shitan and Huzaimi Hussain
title_full_unstemmed	Time series modelling and forecasting of Sarawak black pepper prices / Liew Khim Sen, Mahendran Shitan and Huzaimi Hussain
title_sort	time series modelling and forecasting of sarawak black pepper prices / liew khim sen, mahendran shitan and huzaimi hussain
publisher	Universiti Teknologi MARA, Sarawak
publishDate	2003
url	http://ir.uitm.edu.my/id/eprint/11514/ http://ir.uitm.edu.my/id/eprint/11514/1/AJ_LIEW%20KHIM%20SEN%20JAS%2003.pdf
first_indexed	2023-09-18T22:48:04Z
last_indexed	2023-09-18T22:48:04Z
_version_	1777417359142682624

Time series modelling and forecasting of Sarawak black pepper prices / Liew Khim Sen, Mahendran Shitan and Huzaimi Hussain

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