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Publication

Determining returns to storage: Does data aggregation matter?

Klumpp, Joni M.
Brorsen, B. Wade
Anderson, Kim B.
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 underestimates returns. We find no differences between the mean returns estimated with aggregate data and the mean returns estimated with transaction level data from grain elevators in Oklahoma.
Date
2007-12