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Details for article 2 of 10 found articles
| Title: |
CHARCOAL PRICE ANALYSIS IN FOUR REGIONS OF MINAS GERAIS STATE-BRAZIL |
| Author: |
José Luiz Pereira de Rezende Luiz Moreira Coelho Junior Antônio Donizette de Oliveira Thelma Sáfadi |
| Appeared in: |
Cerne |
| Paging: | Volume 11 (2005) nr. 3 pages 237-252 |
| Year: |
2005 |
| Contents: |
The State of Minas Gerais is the largest producer and consumer of charcoal, that is used as term-reducer of iron ore,for producing pig iron. This study analyzed the time series of charcoal prices in four regions of Minas Gerais State. For the analysisof the price series, the SARIMA model was used, for finding a model that better forecasts prices for the four studied areas. The mostappropriate models were chosen using graphical analyses of the standardized residues, autocorrelation functions and partialautocorrelations, stochastic tests and criteria of evaluation of the order of the model. It concluded that: the differences of charcoalprices occur, basically, due to the geographical location; the analyses of domain of the time and domain of the frequency showed thatthere is difference in the price series of the four studied areas; the areas of Sete Lagoas and Belo Horizonte, giving that they are closelylocated, possess similar prices and they generated similar model; the studied areas presented differentiated models and supplied goodadjustments for the observed series. The best models were SARIMA (2,1,1)x(1,0,0)12, for Belo Horizonte; SARIMA (2,0,0)x(2,1,2)12,for Divinópolis; SARIMA (2,1,1)x(1,0,0)12, for Sete Lagoas and SARIMA (1,1,1)x(1,1,1)12, for Vertentes. Such models presented in aparsimonious way, containing a small number of parameters. All models SARIMA (p,d,q) (P,D,Q)s, for the four studied areas,presented white noise and supplied adequate price forecast. |
| Publisher: |
Universidade Federal de Lavras - UFLA (provided by DOAJ) |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 2 of 10 found articles
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