Ministry of Agriculture and Forestry acquires econometrics and forecasting technology
2 July, 2003
Ministry of Agriculture and Forestry acquires econometrics and forecasting technology
Hearne Scientific Software, a leading distributor of scientific software, announced today that the Ministry of Agriculture and Forestry (MAF) has acquired the industry standard econometrics and forecasting program, EViews.
EViews provides sophisticated data analysis, regression, and forecasting tools on Windows based computers. With EViews you can quickly develop a statistical relationship from your data and then use the relationship to forecast future values of the data. Areas where EViews can be useful include: scientific data analysis and evaluation, financial analysis, macroeconomic forecasting, simulation, sales forecasting and cost analysis.
"MAF is currently upgrading and developing econometric models covering pastoral supply response, forestry exports, beef prices and lamb prices. In addition to spreadsheet-based models, econometric models are an integral part of our agriculture and forestry forecasting processes. The contractor involved in upgrading the pastoral model demonstrated Eviews to us. We were so impressed with its capability and user-friendliness that a decision was made to purchase Eviews. The other contractor also had access to Eviews. So this has worked out well for us"
- Rod Forbes, Senior Policy Analyst, MAF.
EViews takes advantage of the visual features of modern Windows software. You can use your mouse to guide the operation with standard Windows menus and dialogs. Results appear in windows and can be manipulated with standard Windows techniques.
The Ministry of Agriculture and Forestry is about agriculture, horticulture and forestry, safe food, a protected environment, the wise use of the land, the creation of clean, green product and the economic success of those who produce it. The primary industries agriculture, horticulture and forestry are the core of the New Zealand economy. For further information about MAF, please visit the web site www.maf.govt.nz.
For more information regarding EViews please contact Hearne Scientific Software.
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