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Qualitative Specifics of Various Approaches to the Estimates of the RF Socio-Economic Indicators

Author

Listed:
  • Marina Turuntseva

    (Gaidar Institute for Economic Policy)

  • Tatiana Kiblitskaya

    (Gaidar Institute for Economic Policy)

Abstract

Government, business R&D organizations are currently publishing many short-, medium- and long-term forecasts. Herewith, the consumers of such information, as a rule are not aware of the way the estimates were made. As a result, when making a choice, which forecast should the most trustful, the consumers cannot proceed from the method of forecasting. The paper proposes an approach that allows, using fairly simple methods to conduct a comparative analysis of the quality of estimates obtained by different models.

Suggested Citation

  • Marina Turuntseva & Tatiana Kiblitskaya, 2010. "Qualitative Specifics of Various Approaches to the Estimates of the RF Socio-Economic Indicators," Research Paper Series, Gaidar Institute for Economic Policy, issue 135P.
  • Handle: RePEc:gai:rpaper:78
    as

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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Socio-Economic; Indicators; Russian Federation;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C16 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Econometric and Statistical Methods; Specific Distributions
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection

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