DocumentCode
2967997
Title
A Novel Combination Forecasting Model for GDP
Author
Wang, Jiao ; Wei, Li-Li
Author_Institution
Sch. of Math. & Comput. Sci., Ningxia Univ., Yinchuan, China
fYear
2011
fDate
12-14 Aug. 2011
Firstpage
1
Lastpage
4
Abstract
Forecasting of GDP is considered using a novel combination forecasting model. Firstly, we establish a combination forecasting model based on three individual forecasts, in this model the individual forecasting errors can be updated over time. Secondly Ningxia per GDP from 1985 to 2010 is analyzed employing this novel combination forecasting, the empirical results show that combination forecast can improve forecasting performance significantly.
Keywords
economic forecasting; economic indicators; Ningxia per GDP; combination forecasting model; economic variables; gross domestic product; individual forecasting errors; Data models; Economic indicators; Estimation; Forecasting; Mathematical model; Predictive models; Smoothing methods;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science (MASS), 2011 International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-6579-8
Type
conf
DOI
10.1109/ICMSS.2011.5998435
Filename
5998435
Link To Document