Ponte Academic Journal Jul 2016, Volume 72, Issue 7 |
RURAL GRAIN PRODUCTION FORECAST BASED ON COMBINATION FORECASTING MODEL Author(s): Ming-Chang Lee ,Li-Er Su2 J. Ponte - Jul 2016 - Volume 72 - Issue 7 doi: 10.21506/j.ponte.2016.7.24 Abstract: Econometrics forecasting exists accuracy problem, general rural grain production forecast method have Cobb-Douglas production function model, multiple linear regression model. With the difference of forecasting results between these two methods, therefore, in this paper introduces combination forecasting model to solve the above problem. Combination forecasting model adopted to improve prediction accuracy. The contributions of this paper build Cobb-Douglas production function model, multiple linear regression models, and combination forecasting model and offered procedures in its entirety solutions. This paper indicates combination forecasting model optimal solution and uses the calculated error metrics to measure the accuracy of these three prediction methods. By analyzing different indicators, we find that the combination forecasting model is superior to two other models in application. This paper can be used as an example about the forecast theory and practice problem.
|
Download full text: Check if you have access through your login credentials or your institution |
|
Guide for Authors
This guideline has been prepared for the authors to new submissions and after their manuscripts have been accepted |
Authors Login
We welcome refrees who would be willing to act as reviewers |
Paper Tracking
You can track your submitted article from this tab |
Editorial Board
The international editorial board is headed by Dr. Maria E. Boschi |
General Policies
Papers that are published or held by the Journal may not be published elsewhere |
Peer Review Process
Papers will be sent to three peer reviewers for evaluation |