Abstract

CASTILLO NUNEZ, OMAR ENRIQUE. BEHAVIOR OF THE FEMALE OF CATTLE PRICES OF FIRST CLASS OF LEVANTE IN MONTERIA AND SINCELEJO (COLOMBIA). Rev.fac.cienc.econ. [online]. 2008, vol.16, n.2, pp.105-116. ISSN 0121-6805.

This article show the price behavioral of female cattle live of first quality in Montería and Sincelejo city marketed by cattle auctions. Technical statistical such as movil average multiplicative, rate of growth and generalized autoregressive conditional heteroskesdasticity models, GARCH, are applied to weekly price from 1997 until 2008. The results trace out seasonal and cyclical patterns are present in the behavioral temporal of monthly price. The weekly price showed evidence of volatility, signal of risk and unpredictable at the long run.

Keywords : seasonality; cycle; volatility; movil average; rate of growth; econometric models.

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