Selection protocols such as Box–Jenkins, variance analysis, method switching and rules-based forecasting measure data characteristics and incorporate them in models to generate best forecasts. These protocol selection methods are judgemental in application and often select a single (aggregate)...

This paper develops a microeconomic model-based approach to forecast national information and communications technology expenditure that is helpful when only very short time-series are available. The model specification incorporates parameters for network effects and national e-readiness....

Abstract: A driving force behind the emergence of the ‘new’ or information economy is the growth of the internet network capacity. A fundamental problem in mapping this dynamic is the lack of an acceptable theoretical framework through which to direct empirical investigations. Most of the...