Estimating components of ICT expenditure: a model-based approach with applicability to short time-series
AbstractThis paper develops a microeconomic model-based approach to forecast national information and communications technology expenditure that is helpful when only very short time-series are available. The model specification incorporates parameters for network effects and national e-readiness. Finally, the model allows for observed non-homotheticity and ‘noise’ found in sample data, with the latter attributed to country-specific influences.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 13007.
Date of creation: 2008
Date of revision:
ICT forecasts; short time-series; microeconomic modeling;
Other versions of this item:
- Russel Cooper & Gary Madden, 2010. "Estimating components of ICT expenditure: a model-based approach with applicability to short time-series," Applied Economics, Taylor & Francis Journals, vol. 42(1), pages 87-96.
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-02-07 (All new papers)
- NEP-FOR-2009-02-07 (Forecasting)
- NEP-ICT-2009-02-07 (Information & Communication Technologies)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Cooper, Russel J & McLaren, Keith R, 1996. "A System of Demand Equations Satisfying Effectively Global Regularity Conditions," The Review of Economics and Statistics, MIT Press, vol. 78(2), pages 359-64, May.
- Islam, Towhidul & Fiebig, Denzil G. & Meade, Nigel, 2002. "Modelling multinational telecommunications demand with limited data," International Journal of Forecasting, Elsevier, vol. 18(4), pages 605-624.
- Makridakis, Spyros, 1996. "Forecasting: its role and value for planning and strategy," International Journal of Forecasting, Elsevier, vol. 12(4), pages 513-537, December.
- Russel J. Cooper & Keith R. McLaren, 1992. "An Empirically Oriented Demand System with Improved Regularity Properties," Canadian Journal of Economics, Canadian Economics Association, vol. 25(3), pages 652-68, August.
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