SEASONALITY, CYCLE AND VOLATILITY OF PRICE CATTLE LEVANT MALE IN MONTERIA, COLOMBIA
Journal Title: Revista MVZ Cordoba - Year 2007, Vol 12, Issue 1
Abstract
Objetive. To describe the temporal behavior of prices from livestock young male of first quality in Monteria city, Colombia, marketed by cattle auctions. Materials and methods. Analysis of weekly and monthly prices during the period 1997-2006 using statistical and econometrics techniques such as multiplicative movil mean, rate growth on annual means 12 12 T , and conditional autoregressive heteroscesdasticity ARCH, o GARCH models were carried out. Results. Seasonality evidences and cycles in monthly prices were found. There was no evidence of volatile behaviors in weekly prices for 1, 1¼ and 1½ years of age livestocks, but there was for those of 1¾; years old. Conclusions. Despite the seasonal and cyclical variabiability around the 70% of the cattle marketed had stability prices.
Authors and Affiliations
Omar Castillo N| Universidad de Córdoba, Facultad de Ciencias Agrícolas, Departamento de Ingeniería Agronómica y Desarrollo Rural. A.A. 354 Montería, Colombia., Ph. D. | Universidad de Córdoba, Facultad de Ciencias Agrícolas, Departamento de Ingeniería Agronómica y Desarrollo Rural. A.A. 354 Montería, Colombia.
Keywords
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