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Record W2889315575

Seasonal Adjustment and Forecasting of Croatian GDP under Differebt Scenarios

2005· article· en· W2889315575 on OpenAlex
Ante Rozga

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

aboutThe title or abstract carries a Canadian signal from the geographic lexicon.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

Venuenot available
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicRegional Development and Management Studies
Canadian institutionsnot available
Fundersnot available
KeywordsAutoregressive integrated moving averageOutlierCroatianSeasonal adjustmentEconometricsStatisticsIndex (typography)Quarter (Canadian coin)Time seriesIndependence (probability theory)EconomicsMathematicsComputer scienceGeographyVariable (mathematics)
DOInot available

Abstract

fetched live from OpenAlex

Forecasting Croatian GDP has proved to be difficult task, not only in the past which includes war for independence, but also nowadays. A lot more outliers and irregularities were detected in the period 1990-1995 than later, when economic situation has been stabilised. In this paper we examine seasonal adjustment using two different methods: X-12-ARIMA which is said to be ad hoc method (empirically based) and TRAMO/SEATS which is model-based method. Even though empirically based methods are still dominating statistical agencies throughout the world, model based method TRAMO/SEATS has been considered as a very serious contender. We have applied both methods on Croatian GDP series and have compared obtained results. The period covered was form 1st quarter 1997 until 4th quarter 2004, fixed prices. The overall seasonal adjustment quality index for X-12-ARIMA was 2.169 and 2.085 for TRAMO/SEATS thus giving the advantage for model-based method. X-12-ARIMA used correction for trading days effect, and detected no outlier, while TRAMO/SEATS detected one outlier in 4th quarter 1997. This method has proved to be better in detection of outliers. Statistics on residuals for both methods were satisfactory, but some statistics have not been performed with X-12-ARIMA because the series was not long enough. Forecast errors were within the tolerant limits. Forecasting the future Croatian GDP is not only statistical task, but also it has some political weight. Since the Croatian approach towards EU has been slowed, GDP could be slightly lower in the first quarter of 2005 than expected. Altogether, both methods produces acceptable results since the GDP series was not difficult to adjust and to forecast, but we think TRAMO/SEATS method produced better results, both in the quality of seasonal adjustment and the quality of forecasting. TRAMO/SEATS has produced slightly higher forecast for the next three years.

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Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.878
Threshold uncertainty score0.349

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.058
GPT teacher head0.210
Teacher spread0.153 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it