A New Model for Short-term Forecasting of Manufacturing and Equipment Investments
In June 2018, a dynamic factor model was introduced to support the WIFO forecast of value added in the manufacturing sector and of investments in machinery and equipment. As a review of its forecasting characteristics shows, it has a high time lead and can therefore provide important input for expert forecasting.
Empfohlene Zitation
Friesenbichler, K. S., Glocker, C., Hölzl, W., & Wegmüller, P. (2018). Ein neues Modell für die kurzfristige Prognose der Herstellung von Waren und der Ausrüstungsinvestitionen. WIFO-Monatsberichte, 91(9), 651-661. https://www.wifo.ac.at/publication/pid/4138421.