This study develops an easy forecasting model using prefectural data in Japan. The Markov chain known as a stochastic model corresponds to the vector auto-regressive (VAR) model of the first order. If the transition probability matrix can be appropriately estimated, the forecasting model using...

The paper attempts to determine regional unemployment rates for NUTS 2 regions based on data available on a regular basis from Eurostat and ILO. In the first part it is shown how the evolution of regional unemployment rates is determined by national unemployment rates by industry and the...

Empirical assessments of the forecasting power of spatial panel data econometric models are still scarcely available. Moreover, several methodological contributions rely on simulated data to showcase the potential of proposed methods. While simulations may be useful to evaluate the properties of...

What is the value of hazardous weather warnings? To answer this question, we focus on the avalanche bulletin for Switzerland issued by the WSL Institute for Snow and Avalanche Research (SLF). We take a survey-based, non-market valuation approach to estimating the value of hypothetical...

What is the value of hazardous weather warnings? To answer this question, we focus on the avalanche bulletin for Switzerland issued by the WSL Institute for Snow and Avalanche Research (SLF). We take a survey-based, non-market valuation approach to estimating the value of hypothetical...

In modern conditions of instability, systematic crises and global transformations the problem of developing methods and technologies for analysis, modeling, management, forecasting and decision making for stable development of viable socioeconomic systems has become the most important. These...

Background: Global carbon stocks in forest biomass are decreasing by 1.1 Gt of carbon annually, owing to continued deforestation and forest degradation. Deforestation emissions are partly offset by forest expansion and increases in growing stock primarily in the extra-tropical north. Innovative...

Yearly weather variability has an impact on agricultural supply and farmer welfare. More accurate weather predictions may increase the net returns for farmers but the indirect environmental impact of forecasts has not been examined. A stochastic bioeconomic model, which includes weather...

Unmanaged and overgrown coastal heathlands represent a substantial fire hazard. We analyse how this hazard in Norwegian coastal heathlands is influenced by weather conditions, land management, and usage. Our analysis integrates vegetation, maintenance, and management data with emergency response...