Pregled bibliografske jedinice broj: 841468
Modelling Wages in Croatia Using a Second Order Polynomial Regression Model
Modelling Wages in Croatia Using a Second Order Polynomial Regression Model // International journal of business administration, 6 (2015), 6; 59-65 doi:10.5430/ijba.v6n6p59 (recenziran, članak, znanstveni)
CROSBI ID: 841468 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Modelling Wages in Croatia Using a Second Order
Polynomial Regression Model
Autori
Baldigara, Tea ; Duvnjak, Kristina
Izvornik
International journal of business administration (1923-4007) 6
(2015), 6;
59-65
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
annual average wages ; Croatia ; modelling ; time-series model ; second order polynomial regression model
Sažetak
As known, wages are a significant factor of the economic activity. They affect personal consumption, the living standard and the GDP. Due to the importance of wages for the national economy the paper aimed to analyse annual average wages in Croatia in the last two decades, namely from 1994 to 2013. For these purposes a second order polynomial regression model is designed. The empirical results have shown that, the chosen model performed well in terms of MAPE and, presented a reasonably good predictability performance. All performed diagnostic statistics showed that the specified models passed all the tests and that they fit the data reasonably well throughout the sample period.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Ustanove:
Fakultet za menadžment u turizmu i ugostiteljstvu, Opatija
Profili:
Tea Baldigara
(autor)
Citiraj ovu publikaciju:
Uključenost u ostale bibliografske baze podataka::
- ABI/INFORM
- ProQuest
- EBSCOhost
