TIME-SERIES ANALYSIS, FORECASTING AND ECONOMETRIC MODELING - THE STRUCTURAL ECONOMETRIC MODELING, TIME-SERIES ANALYSIS (SEMTSA) APPROACH

Authors
ZELLNER A
Citation
A. Zellner, TIME-SERIES ANALYSIS, FORECASTING AND ECONOMETRIC MODELING - THE STRUCTURAL ECONOMETRIC MODELING, TIME-SERIES ANALYSIS (SEMTSA) APPROACH, Journal of forecasting, 13(2), 1994, pp. 215-233
Citations number
53
Categorie Soggetti
Management,"Planning & Development
Journal title
Journal of forecasting → ACNP
ISSN journal
02776693
Volume
13
Issue
2
Year of publication
1994
Pages
215 - 233
Database
ISI
SICI code
0277-6693(1994)13:2<215:TAFAEM>2.0.ZU;2-M
Abstract
In this paper an account of our experiences in modelling and forecasti ng the annual output growth rates of 18 industrialized countries is pr esented. A structural econometric modelling, time-series analysis (SEM TSA) approach is described and contrasted with other approaches. Theor etical and applied results relating to variable and model selection an d point and turning-point forecasting are discussed. A summary of resu lts and directions for future research concludes the paper.