Synopsis
Understand how rail freight-rate indexes are built and used to analyze farm costs.
This book describes the methods behind the final rail freight-rate index numbers for key farm commodities. It explains how the Bureau of Agricultural Economics constructs these annual measures and how researchers can use them to study changes in rail rates and their effects on farm products.
- Learn how the indexes are calculated as weighted averages of annual rates for representative traffic patterns
- See the base period used (1947–49) and how weights are derived to reflect shipment volumes
- Compare the Bureau of Agricultural Economics index series with the Interstate Commerce Commission indexes
- Understand time lags, seasonality, and the shift from crop-year to calendar-year reporting
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Methods Used in Computing Rail Freight-Rate Indexes for Farm Products
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. In this book, the author presents a remarkably detailed methodology for calculating rail freight-rate indexes for various agricultural commodities in the United States. The author accomplished this by examining rail traffic patterns, seasonality of traffic flow, and the impact of time on index series. The methods outlined offer a useful tool for researchers to study historical freight rates for rail-hauled grains, livestock, fresh produce, and more, and for policymakers to evaluate the impact of freight rates on the agricultural industry. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781390539967_0
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