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Determining Returns to Storage: Does Data Aggregation Matter?
Published online by Cambridge University Press: 28 April 2015
Abstract
Aggregate data are commonly used to determine returns to storage. However, recent studies have shown that aggregating data may lead to underestimated returns. This article compares aggregate and elevator data from Oklahoma to determine if aggregate data underestimate returns. We find no difference between the mean returns estimated with aggregate data and the mean returns estimated with transaction level data from grain elevators in Oklahoma.
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- Research Article
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- Copyright © Southern Agricultural Economics Association 2007
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