The short term forecast of the world market price for sugar using a simple econometric model
Weltwirtschaft 1: 232-252
The central equation in the model is one for the world price of sugar. So that this can be used for forecasting the current and coming year it is supplemented by one equation for world sugar demand, 5 for sugar production (a definition equation, and equations for area harvested of cane and beet sugar and for yields per ha. of each), and a balancing equation. These 8 equations form a simple non-linear recursive econometric model of the world sugar market.