As suggested by Serge. Use data on cotton exports from Benin?
This could be a lecture on how to estimate a Markov chain using ML, with cotton output/exports as the state. We have code for this in quantecon.py.
And/or estimate as an AR process.
Presumably there will be seasonal fluctuations, so this will have to be part of the state.
As suggested by Serge. Use data on cotton exports from Benin?
This could be a lecture on how to estimate a Markov chain using ML, with cotton output/exports as the state. We have code for this in quantecon.py.
And/or estimate as an AR process.
Presumably there will be seasonal fluctuations, so this will have to be part of the state.