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228022

Variation of Estimates of Statistical Models Used in Forecasting the Foreign Trade of Potatoes in Egypt

Article

Last updated: 01 Jan 2025

Subjects

-

Tags

Agricultural economics

Abstract

The problem of the research is that most of the economic studies that use different methods of forecasting lead to different predictions using a specific model in comparison and other models, which causes misleading decision-makers. For this reason, the research aims to study the most common forecasting methods used in scientific economic studies, and compare the advantages of these methods , to get to the best of it in forecasting economic variables.
The most important results:
1- The annual growth rate in the quantity and value of potato imports in Egypt, which are mainly used as seeds, was greater than exports, and this is not in favor of the Egyptian balance of payments.
2- The extent of the credibility and possibility of using the standard real-time model in estimating the successive effect of any sudden changes in the values ​​of the internal or external variables of the external trade of potatoes in Egypt is clear. As its results are less biased than the results of the predictions of other methods used, and the estimates of the instantaneous model are the closest to the estimates of the actual values, especially that the simultaneous model depends on the mutual influence of variables unlike other methods that were covered by the research.
 

DOI

10.21608/asejaiqjsae.2022.228022

Keywords

Forecasts - Potatoes, Simultaneous Equations Model - Foreign Trade

Authors

First Name

Mona

Last Name

Ryad

MiddleName

Kamal

Affiliation

Department of Agricultural Economics - Faculty of Agriculture - Ain Shams University – Giza – Egypt.

Email

mona_abdelkareem@agr.asu.edu.eg

City

Giza

Orcid

0000-0001-9228-8416

Volume

43

Article Issue

1

Related Issue

30186

Issue Date

2022-03-01

Receive Date

2022-02-25

Publish Date

2022-03-30

Page Start

521

Page End

538

Print ISSN

1110-0176

Online ISSN

2536-9784

Link

https://asejaiqjsae.journals.ekb.eg/article_228022.html

Detail API

https://asejaiqjsae.journals.ekb.eg/service?article_code=228022

Order

45

Type

Original Article

Type Code

53

Publication Type

Journal

Publication Title

Alexandria Science Exchange Journal

Publication Link

https://asejaiqjsae.journals.ekb.eg/

MainTitle

Variation of Estimates of Statistical Models Used in Forecasting the Foreign Trade of Potatoes in Egypt

Details

Type

Article

Created At

22 Jan 2023