search query: @indexterm FORECASTING TECHNIQUES / total: 246
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| Author: | Silver, M. Goode, M. |
| Title: | Economic forecasting model for rents in the British retail property market |
| Journal: | Omega
1990 : SEP-OCT, VOL. 18:5, p. 529-540 |
| Index terms: | ECONOMIC FORECASTING FORECASTING TECHNIQUES MODELS PROPERTY MARKETS RETAILING UNITED KINGDOM |
| Language: | eng |
| Abstract: | A model for forecasting rents for the United Kingdom retail property market is described. The model is estimated at both the national and regional level using ordinary least squares /OLS/ and seemingly unrelated regression technique /SURE/ respectively. Particular attention is devoted to the multicollinearity of the model, an issue often not considered in multivariate forecasting since the predicted values of model, suffering from multicollinearity are unbiased. However, the question of the stability of multicollinearity is often ignored. The paper draws attention to this problem in the context of application. |
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