Economics, Econometrics and Finance
6 years ago

Econometric Model Predicts Sudan's GDP Growth with Statistical Precision

Journal of Applied Mathematics and Physics
An Econometric Time Series GDP Model Analysis: Statistical Evidences and Investigations
Habib Ahmed Elsayir

Paper Summary

The article analyzes the GDP of Sudan using a time series model with macroeconomic variables. Statistical tests were used to make the data stationary, and ARMA and OLS methods were applied. The chosen ARIMA model was verified for accuracy and forecasting performance. The results provide insights into Sudan's GDP trends and forecasting capabilities.

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