Econometric Estimation of Annual World Sorghum Production by Country

Abstract

Common econometric models used for estimation were used to estimate models for forecasting world sorghum. Results show that the semilog model gave the best result followed by linear model. The growth or exponential model gave the poorest result. In addition, it was discovered that there is no loss of generality in the estimation with or without trend, although, for forecasting purposes, it was retained. The result can easily be extended to other crops and services.

Publication
33rd Annual Conference of the Agricultural Society of Nigerian held at National Cereals Research Institute, Badeggi, September
Job Nmadu
Professor of Econometric Modeling, Data Science & Machine Learning

Data-Driven Development: Transforming complex research into actionable insights, empowering development through data-driven solutions

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