Selecting Single Model in Combination Forecasting Based on Cointegration Test and Encompassing Test
Joint Authors
Jiang, Chuanjin
Zhang, Jing
Song, Fugen
Source
Issue
Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-8, 8 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2014-04-22
Country of Publication
Egypt
No. of Pages
8
Main Subjects
Medicine
Information Technology and Computer Science
Abstract EN
Combination forecasting takes all characters of each single forecasting method into consideration, and combines them to form a composite, which increases forecasting accuracy.
The existing researches on combination forecasting select single model randomly, neglecting the internal characters of the forecasting object.
After discussing the function of cointegration test and encompassing test in the selection of single model, supplemented by empirical analysis, the paper gives the single model selection guidance: no more than five suitable single models can be selected from many alternative single models for a certain forecasting target, which increases accuracy and stability.
American Psychological Association (APA)
Jiang, Chuanjin& Zhang, Jing& Song, Fugen. 2014. Selecting Single Model in Combination Forecasting Based on Cointegration Test and Encompassing Test. The Scientific World Journal،Vol. 2014, no. 2014, pp.1-8.
https://search.emarefa.net/detail/BIM-1050383
Modern Language Association (MLA)
Jiang, Chuanjin…[et al.]. Selecting Single Model in Combination Forecasting Based on Cointegration Test and Encompassing Test. The Scientific World Journal No. 2014 (2014), pp.1-8.
https://search.emarefa.net/detail/BIM-1050383
American Medical Association (AMA)
Jiang, Chuanjin& Zhang, Jing& Song, Fugen. Selecting Single Model in Combination Forecasting Based on Cointegration Test and Encompassing Test. The Scientific World Journal. 2014. Vol. 2014, no. 2014, pp.1-8.
https://search.emarefa.net/detail/BIM-1050383
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1050383