Hybrid Modeling Techniques for Municipal Solid Waste Forecasting: An Application to OECD Countries
Chellai Fatih ()
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Chellai Fatih: Department of Basic Education, 202111 Ferhat Abbas University , Setif, Algeria
Statistics, Politics and Policy, 2024, vol. 15, issue 3, 287-308
Abstract:
Accurate forecasting of municipal solid waste (MSW) generation is critical for effective waste management, given the rising volumes of waste posing environmental and public health challenges. This study investigates the efficacy of hybrid forecasting models in predicting MSW generation trends across Organization for Economic Cooperation and Development (OECD) countries. The empirical analysis utilizes five distinct approaches – ARIMA, Theta model, neural networks, exponential smoothing state space (ETS), and TBATS models. MSW data spanning 1995–2021 for 29 OECD nations are analyzed using the hybrid models and benchmarked against individual ARIMA models. The results demonstrate superior predictive accuracy for the hybrid models across multiple error metrics, capturing complex data patterns and relationships missed by individual models. The forecasts project continued MSW generation growth in most countries but reveal nuanced country-level differences as well. The implications for waste management policies include implementing waste reduction and recycling programs, investing in infrastructure and technology, enhancing public education, implementing pricing incentives, rigorous monitoring and evaluation of practices, and multi-stakeholder collaboration. However, uncertainties related to model selection and data limitations warrant acknowledgment. Overall, this study affirms the value of hybrid forecasting models in providing robust insights to inform evidence-based waste management strategies and transition toward sustainability in the OECD region.
Keywords: municipal solid waste; forecasting; hybrid models; OECD countries (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:statpp:v:15:y:2024:i:3:p:287-308:n:1002
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DOI: 10.1515/spp-2024-0008
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