Roundwood production forecasting in Poland, on the basis of the data of the central statistical office Cover Image

Prognozowanie pozyskania drewna w Polsce na podstawie danych GUS
Roundwood production forecasting in Poland, on the basis of the data of the central statistical office

Author(s): Lyubov Andrushko
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: roundwood production; econometric model; point forecast; interval forecast; forecast evaluation

Summary/Abstract: The paper presents the results of research on the construction and evaluation of the forecast of the economic phenomenon in the future time period on the example of roundwood production in Poland. The process of building an econometric model as a linear function is illustrated in this paper. The trend function was verified and the convergence coefficient was calculated. The point and the interval forecast were constructed. On the basis of the results of studies the forecast accuracy was evaluated and a number of recommendations were presented. The recommendations regard the use of research results for decision-making and the needs of the material economy.

  • Issue Year: 2016
  • Issue No: 450
  • Page Range: 13-24
  • Page Count: 12
  • Language: Polish
Toggle Accessibility Mode