The prediction for Japan's domestic and overseas automobile production

Guo-Dong Li, Shiro Masuda and Masatake Nagai

Technological Forecasting and Social Change, 2014, vol. 87, issue C, 224-231

Abstract: In this paper, an improved gray model is proposed to predict Japan's domestic and overseas automobile production. The improved gray model is established by integrating the cubic spline function into gray model to improve its prediction capability. Two cases of Japan's domestic and overseas automobile production are used to validate the proposed model. The prediction results show that the proposed model have good prediction performance.

Keywords: Automobile production prediction; Gray model; Gray system theory; Cubic spline function (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:87:y:2014:i:c:p:224-231

DOI: 10.1016/j.techfore.2013.12.016

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