Forecasting by Extrapolation: Conclusions from 25 Years of Research

J. Armstrong

General Economics and Teaching from University Library of Munich, Germany

Abstract: Sophisticated extrapolation techniques have had a negligible payoff for accuracy in forecasting. As a result, major changes are proposed for the allocation of the funds for- future research on extrapolation. Meanwhile, simple methods and the combination of forecasts are recommended.

Keywords: forecasting; methods; extrapolation (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Pages: 13 pages
Date: 2005-02-04
Note: Type of Document - pdf; pages: 13
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/get/papers/0502/0502025.pdf (application/pdf)

Related works:
Journal Article: Forecasting by Extrapolation: Conclusions from 25 Years of Research (1984)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpgt:0502025

Access Statistics for this paper

More papers in General Economics and Teaching from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ( this e-mail address is bad, please contact ).