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What is Soybean Price Forecasting in Pakistan about?

This study analyzes soybean price forecasting in Pakistan using symmetric and asymmetric GARCH models with normal and non-normal error distributions. The findings indicate that the TGARCH model with a student-t distribution provides the best forecasting performance, highlighting the importance of advanced modeling techniques for stakeholders in the agricultural sector. Recommendations include government initiatives to enhance soybean production technology and strategies to meet rising demand.

Author

Adnan Fareed

Language

EN