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The Use of (2SLS) and (3SLS) Methods to Estimate the Simultaneous Equations System of the World Prices of the Grains for the Period (1961-2002) | ||
| TANMIYAT AL-RAFIDAIN | ||
| Article 16, Volume 31, Issue 93, 2009, Pages 325-343 PDF (220.72 K) | ||
| DOI: 10.33899/tanra.2009.161841 | ||
| Authors | ||
| Mozahim Yehya; Mahmood Abdullah | ||
| Abstract | ||
| Abstract In this paper, (2SLS) & (3SLS) is used to estimate the simultaneous equation of grains (wheat, maize, rice, barley) for the period (1961-2002). The variables have been considered as direct effects on the world prices of the grains (production, export, import, exchange in the stock, foreigners reserves, the number of the world population, advancement technological). The simultaneous equations have been estimated by the same methods after adding the economic crises to the system (wars, drought, financial and monetary crises and oil shocks) to view the effects also on the world prices of the grains. The (SAS. 9) package is used to obtain the results. . | ||
| Keywords | ||
| (2SLS) and (3SLS); Simultaneous Equations System | ||
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