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Author: | Gooijer, J. G. de Klein, A. |
Title: | Forecasting the Antwerp maritime steel traffic flow: a case study. |
Journal: | Journal of Forecasting
1989 : OCT-DEC, VOL. 8:4, p. 381-398 |
Index terms: | TIME SERIES FORECASTING MODELS STEEL INDUSTRY |
Language: | eng |
Abstract: | Using multivariate time series models the maritime steel traffic flow in the port of Antwerp is specified. The time series considered are the total outgoing and total incoming maritime steel traffic and the total steel production in the EEC. The obtained time series models provide useful insight into the general behaviour of the maritime steel traffic flow during the period 1971-82. In particular, they provide a quantitative interpretation of important changes which took place in the European steel industry during that period. The multivariate time series models produce forecasts which are a substantial improvement over those obtained by univariate time series models. |
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