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
Umfang
Seite(n): Y1-Y7
Sprache
Englisch
Anmerkungen
Status: Veröffentlichungsversion; begutachtet (peer reviewed)

Erschienen in
Region: the journal of ERSA, 1(1)

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

Ereignis
Geistige Schöpfung
(wer)
Jadevicius, Arvydas
Ereignis
Veröffentlichung
(wo)
Österreich
(wann)
2014

DOI
Letzte Aktualisierung
21.06.2024, 16:27 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Zeitschriftenartikel

Beteiligte

  • Jadevicius, Arvydas

Entstanden

  • 2014

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