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I evaluate the out-of-sample forecasting performance of five models of Chinese and Indian energy consumption. The results are mixed, but in general the auto-regressive distributed lag and unobserved components models perform the best over multiple evaluation criteria. I then use these two models...
Persistent link: https://www.econbiz.de/10011114340
aftermath of the Southeast Asian crisis, the limitation of the liberal capital regime for a developing country like India is … often highlighted in the literature. However, the probable impact of introducing KAC on CAB in India generally is discussed … theoretically. Though some of the existing studies in India have earlier focused on this research question, they have done so by …
Persistent link: https://www.econbiz.de/10014194754
The purpose of this paper is to examine the progress in socioeconomic conditions across the major states of India by …
Persistent link: https://www.econbiz.de/10014154852
In recent years there has been a rapid and sustained growth of the service sector in the Indian economy. But unfortunately, while the importance of the services is growing statistical data and other relevant information of the services are abysmally low. There are problems relating to the...
Persistent link: https://www.econbiz.de/10014187326
The forecast plays an important role in the planning, the decision-making and control in any domain of activity … (univariate models), that use only the information of its past values to forecast the future, can often predict future with more … accuracy than causal or multivariate models. In this paper, we model and forecast the offensive effectiveness of the soccer …
Persistent link: https://www.econbiz.de/10005789648
In general, rational economic agents trade off the cost of waiting for the statistical agencies disseminate the final results of the relevant surveys before making a decision, on the one hand, and of making use of some model based predictions. Thus, from the viewpoint of agents, predictions and...
Persistent link: https://www.econbiz.de/10011259931
This paper examines the dynamic of prices for different exchange assets in relation to the dynamics of other exchange instruments. The analysis shows that in certain periods there exists a strong connection between the exchange assets(direct or indirect) but it is rather unstable. The...
Persistent link: https://www.econbiz.de/10011260013
the employment policy promoted by the Romanian government and ends with a forecast of the unemployment rate for the …
Persistent link: https://www.econbiz.de/10011260285
Deficit/ Surplus, Unemployment Rate, Inflation and others. We forecast the macroeconomic variables post 2012 using ARIMA …
Persistent link: https://www.econbiz.de/10011260661
This paper introduces and evaluates new models for time series count data. The Autoregressive Conditional Poisson model (ACP) makes it possible to deal with issues of discreteness, overdispersion (variance greater than the mean) and serial correlation. A fully parametric approach is taken and a...
Persistent link: https://www.econbiz.de/10005260271