Modeling the Province Wise Yield of Rice Crop in Pakistan Using GARCH Model
نویسندگان
چکیده
In our present study, GARCH family models are used for modeling and forecasting the rice yield of four provinces of Pakistan during the period of 1947-48 to 2008-09. Also Auto regressive, moving average and Autoregressive moving average models are described. Thus, the selected GARCH models for all provinces are also presented for forecasting purpose on the basis of two criteria AIC (Akaike information criteria) and SIC (Schwarz information criteria). This assessment recommended that the province of Punjab in Pakistan better forecast as compared to other three provinces.
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