Forecasting Fluctuations of Sold Industrial Production in Poland on the Basis of Electricity Demand
|Title:||Forecasting Fluctuations of Sold Industrial Production in Poland on the Basis of Electricity Demand|
Vol. 2, No 1, 2008
Published date: 20-05-2009 (print) / 20-05-2009 (online)
Journal of International Studies
ISSN: 2071-8330, eISSN: 2306-3483
|Keywords:||Forecasting fluctuations, industrial production, electricity, Poland|
The plan of the paper is as follows: introduction, section 1 with the data and econometric methodology, section 2 with empirical analysis and the model, and the conclusions. Two independent equations have been estimated. Results show that significant leading time series of sold industrial production are electricity demand in four industrial sectors: production of string mass and paper, cars and metal final goods and production of machines and electric devices.