engleski

Models for forecasting the imports and exports of furniture

On the basis of established values in the period 2000.-2010., the paper discuss a possibility to predict future values of imports of furniture to Croatia, and the values of exports of Croatian furniture. The data of import and export values are gathered from Croatian Bureau of Statistics and include the main countries for the foreign trade activity with Croatia. The dynamic economic analysis of time series data was performed and two types of time series models were built: models based on average rates of change and linear trend models. Prediction is limited to year 2015. because of turbulences in this market and the length of analyzed time series.

furniture ; import ; export ; time series models ; forecasting

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