Hülsewig, Oliver (contributor); Mayr, Johannes (contributor) - 2008
modeling, we construct the area-wide indicators by utilizing weights that minimize the variance of the out-of-sample forecast … errors of the area-wide target variable. In an out-of-sample forecast experiment we find that our optimal pooling of … information approach outperforms alternative forecasting methods in terms of forecast accuracy. -- Forecasting ; aggregation …
