Journal article | Zeitschriftenartikel

The use of combination forecasting approach and its application to regional market analysis

"Econometric modelling of the property market has been exercised for several decades. Despite advancements in the field, there is still an element of uncertainty in property market modelling and forecasting. This uncertainty arises due to prevailing modelling practices. On one hand, researchers select the best performing model and disregard alternatives. On the other hand, researchers face a dilemma in deciding which model to choose when competing specifications produce different results. A possible solution is to use the principle of combination forecasting to reduce uncertainty and improve accuracy. Certainly, combination forecasting has its limitations. One criticism is that combination forecasting has predominantly focused on national property markets analysis. To enhance the application of combination forecasting, it would be useful to use it in research on regional markets analysis." (author's abstract)

ISSN
2409-5370
Extent
Seite(n): Y1-Y7
Language
Englisch
Notes
Status: Veröffentlichungsversion; begutachtet (peer reviewed)

Bibliographic citation
Region: the journal of ERSA, 1(1)

Subject
Wirtschaft
Wirtschaftsstatistik, Ökonometrie, Wirtschaftsinformatik
Immobilien
Markt
regionale Faktoren
Prognose
Methode

Event
Geistige Schöpfung
(who)
Jadevicius, Arvydas
Event
Veröffentlichung
(where)
Österreich
(when)
2014

DOI
Last update
21.06.2024, 4:27 PM CEST

Data provider

This object is provided by:
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. If you have any questions about the object, please contact the data provider.

Object type

  • Zeitschriftenartikel

Associated

  • Jadevicius, Arvydas

Time of origin

  • 2014

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