Application of the Vector Autoregressive with Exogenous Variable (VARX) framework in modeling and forecasting the growth rate of regular-milled rice price in the Philippines

• Main Authors: Campos, Grayvqiel Sirach M., Nuñez, Aimee Jeziel B., Villanueva, Sophia Loren A.
• Format: text
• Language: English
• Published: Animo Repository 2022
• Subjects: Rice > Prices > Philippines; Rice—Milling; Mathematics
• Online Access: https://animorepository.dlsu.edu.ph/etdb_math/14; https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1014&context=etdb_math
• Institution: De La Salle University

The aim of the study was to predict the monthly growth rate of Regular-Milled rice (RMR) price in the Philippines through a Vector Autoregressive with Exogenous Variable (VARX) Model. The Philippine Real Effective Exchange Rate (REER) difference and the growth rates of the Overseas Filipino Workers’...