Eres : Digital Library : Works

Paper eres2003_128:
Forecasting retail rents when data is scarce: the case of Portugal

id eres2003_128
authors Camacho-Cabiscol, Josep
year 2003
title Forecasting retail rents when data is scarce: the case of Portugal
source 10th European Real Estate Society Conference (10-13 June 2003) Helsinki, Finland
summary Using individual shopping centre data from Portugal, the paper compares the performance of traditional econometric techniques (i.e non-pooled estimators) and panel data techniques (pooled estimators) as forecasting frameworks. The data provided by the main Portuguese retail operator was not long enough, in some cases, to be used with traditional econometric techniques. For this reason, pooled estimators are suggested as an alternative. The paper discusses the advantages and disadvantages of this approach, compared with traditional econometric techniques (TET). It shows that pooled estimators can be a good alternative to traditional econometric techniques when data is scarce. Moreover, pooled estimators provided, in almost all the cases, more accurate forecasts than TET.
series ERES:conference
email josep.camacho@grosvenor.com
discussion No discussions. Post discussion ...
ratings
session Session 4, Modelling & forecasting rents
last changed 2008/12/29 19:09
HOMELOGIN (you are user _anon_501682 from group guest) Powered by SciX Open Publishing Services 1.002