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Economics and Innovative Technologies

Abstract

In this paper looked through the methods of forecasting the influencing factors in the sustainable development of the branches of the economy. Analyzed the advantages and disadvantages of forecasting methods in the branches of the economy.

References

1. Clements M.P., Hendry D.F. An Overview of Economic Forecasting. P. 4. 2. Tashman L.J. (2000). Out of Sample Tests of Forecasting Accuracy: an Analysis and Review // International Journal of Forecasting. № 16. P. 437–450. 3. Makridakis S., Hibon M. (2000). The M3-Competition: Results. Conclusions and Implications // International Journal of Forecasting. № 16. P. 451–476. 4. Thomakos, D.D. and J.B. Guerard Jr. (2004). Nave, ARIMA, Nonparametric Transfer Function and VAR Models: a Comparison of Forecasting Performance // International Journal of Forecasting. № 20. P. 53–67.

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