Submitted:
30 May 2025
Posted:
02 June 2025
You are already at the latest version
Abstract
Keywords:
1. Introduction and Literature Review
2. Methodology
2.1. Purpose and Scope of the Research
2.2. Data Source and Indicator Selection
2.3. Statistical Modeling Techniques
2.4. Model Fit Measures
2.5. Parameter Estimation and Statistical Significance
2.6. Methodological Limitations
2.7. Integrated Evaluation Approach
3. Results
3.1. General Evaluation of Model Performance
3.2. Results by Indicator
3.3. Parameters of the Exponential Smoothing Models
4. Discussion and Interpretations
4.1. Evaluation of Prediction Quality in the Socio-Economic Context
4.2. Sensitivity of Models to Indicator Type
4.3. Interpretation of Estimated Coefficients
4.4. Model Limitations and Methodological Considerations
4.5. Practical Implications and Future Directions
5. Conclusions




| Model Fit | |||||||||||
| Fit Statistic | Mean | SE | Minimum | Maximum | Percentile | ||||||
| 5 | 10 | 25 | 50 | 75 | 90 | 95 | |||||
| Stationary R-squared | 0.018 | 0.122 | -6.439 | 0.855 | -6.661 | -2.220 | 0.000 | 0.000 | 3.331 | 2.331 | 0.011 |
| R-squared | -0.009 | 0.112 | -0.723 | 0.282 | -0.003 | -6.661 | 0.000 | 0.000 | 3.331 | 1.887 | 3.608 |
| RMSE | 5636.637 | 16282.562 | 0.000 | 67159.532 | 0.206 | 1.701 | 3.703 | 71.032 | 1333.904 | 14057.805 | 59510.993 |
| MAPE | 384.434 | 467.783 | 0.000 | 2163.650 | 14.729 | 27.919 | 40.372 | 262.111 | 581.441 | 864.568 | 1595.239 |
| MaxAPE | 2730.751 | 3229.822 | 0.000 | 12170.833 | 41.692 | 74.518 | 103.027 | 2040.336 | 4478.512 | 7340.589 | 9945.458 |
| MAE | 4232.911 | 12305.436 | 0.000 | 49017.306 | 0.153 | 1.354 | 2.982 | 59.929 | 1012.198 | 9942.614 | 45652.542 |
| MaxAE | 12645.444 | 36912.004 | 0.000 | 161343.714 | 0.418 | 2.697 | 6.354 | 129.923 | 2647.625 | 33564.440 | 135525.617 |
| Normalized BIC | 9.687 | 6.834 | -1.907 | 22.418 | -0.037 | 1.370 | 3.299 | 9.129 | 14.722 | 19.309 | 22.211 |
| Model Statistics. | ||||
| Model | Model Fit statistics | |||
| I1.2021-Model_1 | 0.000 | 0.000 | 10213.413 | 19.309 |
| I1.2022-Model_2 | 1.110 | 1.110 | 8859.417 | 19.199 |
| I2.2021-Model_3 | -2.220 | -2.220 | 1328.769 | 15.244 |
| I2.2022-Model_4 | 0.000 | 0.000 | 1454.959 | 15.330 |
| I3.2021-Model_5 | 2.331 | 2.331 | 0.255 | -1.907 |
| I3.2022-Model_6 | 1.665 | 1.665 | 0.300 | -1.395 |
| I4.2021-Model_7 | 0.000 | |||
| I4.2022-Model_8 | 0.000 | |||
| I5.2021-Model_9 | 0.000 | 0.000 | 813.479 | 14.421 |
| I5.2022-Model_10 | 0.000 | 0.000 | 1012.198 | 14.484 |
| I6.2021-Model_11 | -2.220 | -0.723 | 12.782 | 6.151 |
| I6.2022-Model_12 | 2.220 | 2.220 | 20.683 | 7.307 |
| I7.2021-Model_13 | 2.220 | 2.220 | 476.278 | 13.227 |
| I7.2022-Model_14 | 0.000 | 0.000 | 663.256 | 13.745 |
| I8.2021-Model_15 | 1.887 | 1.887 | 1.692 | 1.606 |
| I8.2022-Model_16 | -6.661 | -6.661 | 1.511 | 1.370 |
| I10.2021-Model_17 | 0.000 | 0.000 | 59.929 | 8.724 |
| I10.2022-Model_18 | 0.000 | 0.000 | 65.500 | 9.129 |
| I12.2021-Model_19 | -6.439 | -6.439 | 6.759 | 4.405 |
| I12.2022-Model_20 | 2.220 | 2.220 | 6.885 | 4.293 |
| I13.2021-Model_21 | 5.551 | 5.551 | 4.933 | 3.701 |
| I13.2022-Model_22 | -4.441 | -4.441 | 3.864 | 3.252 |
| I14.2021-Model_23 | 4.774 | 4.774 | 1.906 | 2.197 |
| I14.2022-Model_24 | 0.855 | 0.282 | 2.982 | 3.346 |
| I15.2022-Model_25 | -2.220 | -2.220 | 4.953 | 4.166 |
| I16.2021-Model_26 | 2.220 | 2.220 | 49017.306 | 22.418 |
| I16.2022-Model_27 | 0.000 | 0.000 | 43925.125 | 22.121 |
| I17.2021-Model_28 | 2.220 | 2.220 | 1271.960 | 14.844 |
| I17.2022-Model_29 | 0.000 | 0.000 | 1284.375 | 14.919 |
| I18.2021-Model_30 | 5.551 | 5.551 | 2.876 | 2.722 |
| I18.2022-Model_31 | 4.441 | 4.441 | 3.144 | 2.878 |
| I19.2021-Model_32 | 0.000 | 0.000 | 757.563 | 14.347 |
| I19.2022-Model_33 | 0.000 | 0.000 | 1344.813 | 15.198 |
| I20.2021-Model_34 | 1.110 | 1.110 | 899.481 | 14.636 |
| I20.2022-Model_35 | 0.000 | 0.000 | 1022.125 | 14.807 |
| I21.2021-Model_36 | 0.000 | 0.000 | 626.519 | 13.599 |
| I21.2022-Model_37 | -2.220 | -2.220 | 671.156 | 13.714 |
| I22.2021-Model_38 | 2.442 | 2.442 | 1.328 | 1.322 |
| I22.2022-Model_39 | 7.772 | 7.772 | 1.701 | 1.682 |
| I23.2021-Model_40 | 0.023 | -0.007 | 1.622 | 1.785 |
| I23.2022-Model_41 | 3.331 | 3.331 | 1.462 | 1.323 |
| I24.2021-Model_42 | 1.110 | 1.110 | 23.205 | 7.072 |
| I24.2022-Model_43 | 1.110 | 1.110 | 21.226 | 7.291 |
| I25.2021-Model_44 | 3.331 | 3.331 | 48243.667 | 22.301 |
| I25.2022-Model_45 | 0.000 | 0.000 | 40342.667 | 21.973 |
| I26.2021-Model_46 | 0.000 | 0.000 | 279.837 | 12.060 |
| I26.2022-Model_47 | 0.000 | 0.000 | 466.111 | 13.240 |
| I27.2021-Model_48 | 3.331 | 3.331 | 281.222 | 12.129 |
| I27.2022-Model_49 | 0.000 | 0.000 | 342.327 | 12.835 |
| I28.2021-Model_50 | 0.000 | 0.000 | 12.996 | 5.940 |
| I28.2022-Model_51 | -6.661 | -6.661 | 15.972 | 6.218 |
| Model | Estimate | SE | t | Sig. | |
| I14.2022-Model_24 | Alpha (Level) | 0.001 | 0.157 | 0.006 | 0.995 |
| Gamma (Trend) | 1.000 | 200.050 | 0.005 | 0.996 | |
| I23.2021-Model_40 | Alpha (Level) | 2.348 | 0.287 | 8.196 | 1.000 |
| ARIMA Model Parameters | |||||
| Estimate | SE | t | Sig. | ||
| I1.2021-Model_1 | I1.2021 | 14780.800 | 3678.344 | 4.018 | 0.001 |
| I1.2022-Model_2 | I1.2022 | 14802.500 | 3840.639 | 3.854 | 0.003 |
| I2.2021-Model_3 | I2.2021 | 1803.000 | 513.320 | 3.512 | 0.004 |
| I2.2022-Model_4 | I2.2022 | 2056.909 | 576.636 | 3.567 | 0.005 |
| I3.2021-Model_5 | I3.2021 | 1.004 | 0.109 | 9.244 | 0.000 |
| I3.2022-Model_6 | I3.2022 | 1.023 | 0.155 | 6.617 | 0.000 |
| I4.2021-Model_7 | I4.2021 | 1.000 | 0.000 | ||
| I4.2022-Model_8 | I4.2022 | 1.000 | 0.000 | ||
| I5.2021-Model_9 | I5.2021 | 1107.462 | 340.115 | 3.256 | 0.007 |
| I5.2022-Model_10 | I5.2022 | 1417.182 | 377.696 | 3.752 | 0.004 |
| I6.2021-Model_11 | I6.2021 | -0.926 | 8.245 | -0.112 | 0.916 |
| 1 | |||||
| I6.2022-Model_12 | I6.2022 | 20.494 | 11.990 | 1.709 | 0.131 |
| I7.2021-Model_13 | I7.2021 | 761.583 | 193.963 | 3.926 | 0.002 |
| I7.2022-Model_14 | I7.2022 | 1007.273 | 261.008 | 3.859 | 0.003 |
| I8.2021-Model_15 | I8.2021 | 6.813 | 0.581 | 11.725 | 0.000 |
| I8.2022-Model_16 | I8.2022 | 6.695 | 0.536 | 12.479 | 0.000 |
| I10.2021-Model_17 | I10.2021 | 75.077 | 19.701 | 3.811 | 0.002 |
| I10.2022-Model_18 | I10.2022 | 70.500 | 27.064 | 2.605 | 0.029 |
| I12.2021-Model_19 | I12.2021 | 22.579 | 2.274 | 9.929 | 0.000 |
| I12.2022-Model_20 | I12.2022 | 23.107 | 2.313 | 9.989 | 0.000 |
| I13.2021-Model_21 | I13.2021 | 14.293 | 1.599 | 8.938 | 0.000 |
| I13.2022-Model_22 | I13.2022 | 13.662 | 1.375 | 9.939 | 0.000 |
| I14.2021-Model_23 | I14.2021 | 8.288 | 0.754 | 10.994 | 0.000 |
| I15.2022-Model_25 | I15.2022 | 6.535 | 2.090 | 3.127 | 0.010 |
| I16.2021-Model_26 | I16.2021 | 56947.286 | 17949.140 | 3.173 | 0.007 |
| I16.2022-Model_27 | I16.2022 | 55328.417 | 16558.387 | 3.341 | 0.007 |
| I17.2021-Model_28 | I17.2021 | 1892.300 | 471.384 | 4.014 | 0.003 |
| I17.2022-Model_29 | I17.2022 | 1882.375 | 539.182 | 3.491 | 0.010 |
| I18.2021-Model_30 | I18.2021 | 5.838 | 1.150 | 5.074 | 0.001 |
| I18.2022-Model_31 | I18.2022 | 5.456 | 1.309 | 4.167 | 0.004 |
| I19.2021-Model_32 | I19.2021 | 955.375 | 404.880 | 2.360 | 0.050 |
| I19.2022-Model_33 | I19.2022 | 1649.375 | 619.696 | 2.662 | 0.032 |
| I20.2021-Model_34 | I20.2021 | 1249.778 | 444.635 | 2.811 | 0.023 |
| I20.2022-Model_35 | I20.2022 | 1288.500 | 509.773 | 2.528 | 0.039 |
| I21.2021-Model_36 | I21.2021 | 887.556 | 264.743 | 3.353 | 0.010 |
| I21.2022-Model_37 | I21.2022 | 919.125 | 295.117 | 3.114 | 0.017 |
| I22.2021-Model_38 | I22.2021 | 3.445 | 0.601 | 5.729 | 0.001 |
| I22.2022-Model_39 | I22.2022 | 3.713 | 0.720 | 5.157 | 0.001 |
| I23.2022-Model_41 | I23.2022 | 3.768 | 0.602 | 6.263 | 0.000 |
| I24.2021-Model_42 | I24.2021 | 39.132 | 10.126 | 3.864 | 0.005 |
| I24.2022-Model_43 | I24.2022 | 22.806 | 11.891 | 1.918 | 0.097 |
| I25.2021-Model_44 | I25.2021 | 49918.333 | 18110.782 | 2.756 | 0.019 |
| I25.2022-Model_45 | I25.2022 | 41031.333 | 17427.494 | 2.354 | 0.046 |
| I26.2021-Model_46 | I26.2021 | 363.857 | 136.767 | 2.660 | 0.038 |
| I26.2022-Model_47 | I26.2022 | 490.833 | 263.686 | 1.861 | 0.122 |
| I27.2021-Model_48 | I27.2021 | 295.667 | 151.323 | 1.954 | 0.108 |
| I27.2022-Model_49 | I27.2022 | 274.857 | 201.406 | 1.365 | 0.221 |
| I28.2021-Model_50 | I28.2021 | 27.839 | 6.410 | 4.343 | 0.005 |
| I28.2022-Model_51 | I28.2022 | 25.467 | 7.874 | 3.234 | 0.023 |














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