Commodities and Computers**
Vance L. Nimrod, Richard S. Bower
Journal of Financial and Quantitative Analysis · 1967 · Volume 2 · Issue 1
Abstract
Econometric models have often been used to explain and predict demand, production and price patterns of agricultural commodities. With computers generally available, estimation and application of these models is a simple matter. In spite of this, there has been nothing written, at least nothing that we are aware of, which details the use of such models as an aid to speculation in commodities futures. This brief note reports successful use of an econometric model and a time-sharing computer system for this purpose.
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