Advanced Search
MyIDEAS: Login to save this article or follow this journal

The Status of Evaluating Accuracy of Regional Forecasts

Contents:

Author Info

  • West, Carol T.

    (U FL)

Registered author(s):

    Abstract

    Recent reviews of the regional growth and change literature conclude that the strand of research attempting to identify determinants of growth in general terms has been reasonably successful, but the strand attempting to provide public policy direction has been far less successful. A critical distinction between these two strands is that the former studies the past while the latter makes a forecast. One of the reasons we may not have been particularly effective in guiding public policy is that we haven't addressed the question, Is the accuracy of our regional forecasting record acceptable? This paper reviews the literature on evaluating regional forecast accuracy, discusses the question of When is a regional forecast 'accurate'? and outlines how accuracy analysis can be used to improve forecast precision. A concluding section suggests possible avenues for future research.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://journal.srsa.org/ojs/index.php/RRS/article/view/60/12
    Download Restriction: no

    Bibliographic Info

    Article provided by Southern Regional Science Association in its journal Review of Regional Studies.

    Volume (Year): 33 (2003)
    Issue (Month): 1 ()
    Pages: 85-103

    as in new window
    Handle: RePEc:rre:publsh:v:33:y:2003:i:1:p:85-103

    Contact details of provider:
    Web page: http://www.srsa.org

    Related research

    Keywords: Forecast; Regional Growth; Regional;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Fullerton, Thomas M., Jr. & Kelley, Brian W., 2008. "El Paso Housing Sector Econometric Forecast Accuracy," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 40(01), April.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:rre:publsh:v:33:y:2003:i:1:p:85-103. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mark L. Burkey).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.