Regional Economic Forecasting: State-of-the-Art Methodology and Future Challenge
CESifo, Munich, 2014
CESifo Working Paper No. 5145
Over the last decade, the topic of regional economic forecasting has become increasingly prevalent in academic literature. The most striking problem in this context is data availability at a regional level. However, considerable methodological improvements have been made to address this problem. This paper summarizes a multitude of articles from academic journals and describes state-of-the-art techniques in regional economic forecasting. After identifying current practices, the article closes with a roadmap for possible future research activities.
Fiscal Policy, Macroeconomics and Growth
Empirical and Theoretical Methods