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Forecasting of the Waste Generation in Jordan: Alternative Econometric Approaches

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  • Omar Jraid Alhanaqtah

Abstract

The main purpose of the article is to predict the household waste generation in Jordan in the short-run using alternative methods and explain factors highly likely impacting its generation. The results of comparative analysis made by three methods – regression technique, time series modelling and the annual growth rate method – are provided. The results of time series approach take a compromised position between the other ones. It is concluded that time series modelling with the help of ARIMA(0,1,0) with drift is more reliable for the short-run forecasting of the waste generation in Jordan while the regression is more suitable for explaining the effect of input variables on an outcome.

Suggested Citation

  • Omar Jraid Alhanaqtah, 2024. "Forecasting of the Waste Generation in Jordan: Alternative Econometric Approaches," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 16(2), pages 1-35, February.
    • Handle: RePEc:ibn:ijefaa:v:16:y:2024:i:2:p:35
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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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