EREN, Okan - In: Iktisat Isletme ve Finans 29 (2014) 344, pp. 55-72
This paper aims to predict the relative direction of the growth rate of Turkish real gross domestic product (GDP) by using the purchasing managers` index (PMI) data and to quantify the predictive performances of three alternative models: naïve, constant and variable models. Naïve model employs...