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Modeling and forecasting of milk production in the SAARC countries and China

Modeling Earth Systems and Environment · Mart 2022

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YÖKSİS Kayıtları
Modeling and forecasting of milk production in the SAARC countries and China
Modeling Earth Systems and Environment · 2022 ESCI
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Makale Bilgileri

DergiModeling Earth Systems and Environment
Yayın TarihiMart 2022
Cilt / Sayfa8 · 947-959
Özet This study uses yearly data from 1961 to 2018 to forecast milk production in South Asian countries (including China) using ARIMA/GARCH models and Holt’s Linear approach. It is revealed that not all the methods are equally effective in forecasting. Comparison of mean absolute percentage errors between ARIMA and Holt’s Linear model shows that Holt’s approach reveals higher errors.ARIMA forecasting results show that India will be the country with the highest milk production, followed by Pakistan and China while GARCH model fits better to Bangladesh. This paper has policy implications as it can be used for the proper planning of dairy products in the South-Asian counties to safeguard nutritional security.

Yazarlar (6)

1
Pradeep Mishra
2
Adelajda Matuka
3
Mostafa Abotaleb
4
W. P.M.C.N. Weerasinghe
5
Kadir Karakaya
6
S. S. Das

Anahtar Kelimeler

ARIMA GARCH Holt’s model Modeling Time series

Kurumlar

Birsa Agricultural University
Ranchi India
Jawaharlal Nehru Krishi Vishwa Vidyalaya
Jabalpur India
Selçuk Üniversitesi
Selçuklu Turkey
South Ural State University
Chelyabinsk Russian Federation
Università degli Studi di Macerata
Macerata Italy
University of Kelaniya
Kelaniya Sri Lanka

Metrikler

22
Atıf
6
Yazar
5
Anahtar Kelime

Sistemimizdeki Yazarlar