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Journal of the American Statistical Association Volume 71, 1976 - Issue 353
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Aggregate versus Subaggregate Models in Local Area Forecasting

D. M. Dunn Bell Telephone Laboratories, Inc., Murray Hill, N.J., 07974, USA
,
W. H. Williams Bell Telephone Laboratories, Inc., Murray Hill, N.J., 07974, USA
&
T. L. Dechaine Marketing Management Division, AT&T, New York, N.Y., 10007, USA
Pages 68-71 | Received 01 Feb 1974, Published online: 05 Apr 2012

References

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  • Aigner , D. J. and Goldfeld , S. M. 1974 . “Estimation and Prediction from Aggregate Data When Aggregates Are Measured More Accurately Than Their Components,” . Econometrica , 42 ( No. 1 ) January : 113 – 34 .
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  • Edwards , John B. and Orcutt , Guy H. 1969 . “Should Aggregation Prior to Estimation Be the Rule?” . Review of Economics and Statistics , 51 ( No. 4 ) November : 409 – 20 .
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  • Goodman , M. L. 1974 . “A New Look at Higher-Order Exponential Smoothing for Forecasting,” . Operations Research , 22 ( No. 4 ) July-August : 880 – 8 .
  • Green , John H.A. 1970 . Aggregation In Economic Analysis, An Introductory Survey , Princeton , N.J. : Princeton University Press .
  • Grunfeld , Yehuda and Griliches , Zvi . 1960 . “Is Aggregation Necessarily Bad?” . The Review of Economics and Statistics , 42 ( No. 1 ) February : 1 – 13 .
  • Orcutt , Guy H. , Watts , Harold W. and Edwards , John B. 1968 . “Data Aggregation and Information Loss,” . American Economic Review , 58 ( No. 4 ) September : 773 – 87 .
  • Theil , Henri . 1954 . Linear Aggregation of Economic Relations , Amsterdam : North-Holland Publishing, Co. .
  • Theil , Henri . 1971 . Principles of Econometrics , New York : John Wiley & Sons, Inc. .
  • Thompson , H. E. and Tiao , G. C. 1971 . “Analysis of Telephone Data: A Case Study of Forecasting Seasonal Time Series,” . Bell Journal of Economics and Management Science , 2 ( No. 2 ) Autumn : 515 – 41 .
  • Williams , W. H. and Goodman , M. L. 1971 . “Constructing Empirical Confidence Limits for Economic Forecasts,” . Journal of the American Statistical Association , 66 ( No. 336 ) December : 752 – 4 .
  • Zellner , Arnold . 1969 . “On the Aggregation Problem: A New Approach to a Troublesome Problem,” . In Economics Models, Estimation and Risk Programming , Edited by: Fox , K. A. 365 – 74 . New York : Springer-Verlag .

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