농업경제연구

Korean Agricultural Economics Association

제목 Vegetable Price Prediction Using Unstructured Web-Based Data: An Application to Garlic, Onion, and Pepper in Korea
저자 Do-il Yoo
발행정보 57권 3호 (2016년 9월) 페이지 209~233
키워드
초록 Focusing on the recent Big-Data boom, we develop vegetable price prediction models incorporating unstructured web-based data obtained from various online web-sites such as news, blogs, cafes, and so on. For empirical analysis, we employ Bayesian structural time series (BSTS) models with four unstructured indices using a text-mining tool, Textom; the amount of buzzwords, the amount of search keywords, the 'term frequency-inverse document frequency' (TF-IDF), and the 'degree-centrality-weighted term frequency' (DCTF). Then, the models are applied to three vegetable products of garlic, onion, and pepper in Korea. Results show that prediction performances can be remarkably improved by the introduction of unstructured indices for all products. The degree of improvement and the selection of unstructured indices can vary by vegetable products with their market and web-based environments.
논문파일 농업경제연구-2016(57권제3호)-영문-03.pdf