Turning-Point Diagnostics Accuracy Analysis of OECD Forecasts for Greece
Dikaios Tserkezos ()
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Dikaios Tserkezos: Department of Economics Gallos Campus University of Crete, Postal: 74100 Rethymno, Crete, Greece, http://www.soc.uoc.gr/
Economia Internazionale / International Economics, 1998, vol. 51, issue 3, 429-436
Abstract:
Through the use of a simple turning - point error analysis the study attempts to evaluate the accuracy of OECD forecasts for Greece. Comparing our forecasts using low cost estimation time series forecasting techniques with those of the OECD, we concluded that the OECD should re-examine its methods in order to improve its forecasting results.
Keywords: Greek economy; turning-point error; forecasting accuracy; OECD (search for similar items in EconPapers)
JEL-codes: C53 E27 (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:ris:ecoint:0300
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