Although the unstoppable evolution of Information Technology allows nowadays for the treatment of massive socio-economic data, reliable historical data for forecasting are not always widely available for applying statistical models from which significant parameters can be obtained. This becomes a paradox in regional forecasting where data can be widely available but often can be useless. The aim of this work is to present a method for improving forecasting precision with few information. After a brief description of the most popular techniques in this field, an application on regional forecasting with hierarchical conciliation is presented.

"Infinite" data and few information for regional forecast: an applied approach from this paradox / P.M. Chiodini, S. Facchinetti, G. Manzi, F. Verrecchia - In: Proceedinggs of the Italian Statistical Society Scientific Meeting - 2009[s.l] : Italian Statistical Society, 2009. - ISBN 9788861294257. (( convegno Italian Statistical Society Intermediate Meeting - 2009 tenutosi a Pescara, Italy nel 2009.

"Infinite" data and few information for regional forecast: an applied approach from this paradox

G. Manzi
Penultimo
;
2009

Abstract

Although the unstoppable evolution of Information Technology allows nowadays for the treatment of massive socio-economic data, reliable historical data for forecasting are not always widely available for applying statistical models from which significant parameters can be obtained. This becomes a paradox in regional forecasting where data can be widely available but often can be useless. The aim of this work is to present a method for improving forecasting precision with few information. After a brief description of the most popular techniques in this field, an application on regional forecasting with hierarchical conciliation is presented.
Official statistics, Large-scale forecasting with few information, Joint use of forecasts with different time scaling, Regional data treatment
Settore SECS-S/01 - Statistica
2009
http://www.sis-statistica.it/meetings/index.php/special/sis2009
Book Part (author)
File in questo prodotto:
File Dimensione Formato  
SIS2009_ext_paper_CFMV.pdf

accesso aperto

Tipologia: Post-print, accepted manuscript ecc. (versione accettata dall'editore)
Dimensione 147.81 kB
Formato Adobe PDF
147.81 kB Adobe PDF Visualizza/Apri
Pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2434/192619
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact