Kreinovich V., Sriboonchitta S., Chakpitak N. (eds.) Predictive Econometrics and Big Data

Springer, 2018. — 788 p. — (Studies in Computational Intelligence 753). — ISBN: 9783319709413, 9783319709420.This book presents recent research on predictive econometrics and big data. Gathering edited papers presented at the 11th International Conference of the Thailand Econometric Society (TES2018), held in Chiang Mai, Thailand, on January 10-12, 2018, its main focus is on predictive techniques – which directly aim at predicting economic phenomena; and big data techniques – which enable us to handle the enormous amounts of data generated by modern computers in a reasonable time. The book also discusses the applications of more traditional statistical techniques to econometric problems.
Econometrics is a branch of economics that employs mathematical (especially statistical) methods to analyze economic systems, to forecast economic and financial dynamics, and to develop strategies for achieving desirable economic performance. It is therefore important to develop data processing techniques that explicitly focus on prediction. The more data we have, the better our predictions will be. As such, these techniques are essential to our ability to process huge amounts of available data.Data in the 21st Century (Chaitanya Baru)
Model-Assisted Survey Estimation with Imperfectly Matched Auxiliary Data (F. Jay Breidt, Jean D. Opsomer, Chien-Min Huang)
COBra: Copula-Based Portfolio Optimization (Marc S. Paolella, Paweł Polak)
Multiple Testing of One-Sided Hypotheses: Combining Bonferroni and the Bootstrap (Joseph P. Romano, Michael Wolf)
Exploring Message Correlation in Crowd-Based Data Using Hyper Coordinates Visualization Technique (Tien-Dung Cao, Dinh-Quyen Nguyen, Hien Duy Tran)
Bayesian Forecasting for Tail Risk (Cathy W. S. Chen, Yu-Wen Sun)
Smoothing Spline as a Guide to Elaborate Explanatory Modeling (Chon Van Le)
Quantifying Predictive Uncertainty Using Belief Functions: Different Approaches and Practical Construction (Thierry Denœux)
Kuznets Curve: A Simple Dynamical System-Based Explanation (Thongchai Dumrongpokaphan, Vladik Kreinovich)
A Calibration-Based Method in Computing Bayesian Posterior Distributions with Applications in Stock Market (Dung Tien Nguyen, Son P. Nguyen, Uyen H. Pham, Thien Dinh Nguyen)
How to Estimate Statistical Characteristics Based on a Sample: Nonparametric Maximum Likelihood Approach Leads to Sample Mean, Sample Variance, etc. (Vladik Kreinovich, Thongchai Dumrongpokaphan)
How to Gauge Accuracy of Processing Big Data: Teaching Machine Learning Techniques to Gauge Their Own Accuracy (Vladik Kreinovich, Thongchai Dumrongpokaphan, Hung T. Nguyen, Olga Kosheleva)
How Better Are Predictive Models: Analysis on the Practically Important Example of Robust Interval Uncertainty (Vladik Kreinovich, Hung T. Nguyen, Songsak Sriboonchitta, Olga Kosheleva)
Quantitative Justification for the Gravity Model in Economics (Vladik Kreinovich, Songsak Sriboonchitta)
The Decomposition of Quadratic Forms Under Skew Normal Settings (Ziwei Ma, Weizhong Tian, Baokun Li, Tonghui Wang)
Joint Plausibility Regions for Parameters of Skew Normal Family (Ziwei Ma, Xiaonan Zhu, Tonghui Wang, Kittawit Autchariyapanitkul)
On Parameter Change Test for ARMA Models with Martingale Difference Errors (Haejune Oh, Sangyeol Lee)
Agent-Based Modeling of Economic Instability (Akira Namatame)
A Bad Plan Is Better Than No Plan: A Theoretical Justification of an Empirical Observation (Songsak Sriboonchitta, Vladik Kreinovich)
Shape Mixture Models Based on Multivariate Extended Skew Normal Distributions (Weizhong Tian, Tonghui Wang, Fengrong Wei, Fang Dai)
Plausibility Regions on Parameters of the Skew Normal Distribution Based on Inferential Models (Xiaonan Zhu, Baokun Li, Mixia Wu, Tonghui Wang)
Measures of Mutually Complete Dependence for Discrete Random Vectors (Xiaonan Zhu, Tonghui Wang, S. T. Boris Choy, Kittawit Autchariyapanitkul)
To Compare the Key Successful Factors When Choosing a Medical Institutions Among Taiwan, China, and Thailand (Tzong-Ru (Jiun-Shen) Lee, Yu-Ting Huang, Man-Yu Huang, Huan-Yu Chen)
Forecasting Thailand’s Exports to ASEAN with Non-linear Models (Petchaluck Boonyakunakorn, Pathairat Pastpipatkul, Songsak Sriboonchitta)
Thailand in the Era of Digital Economy: How Does Digital Technology Promote Economic Growth? (Noppasit Chakpitak, Paravee Maneejuk, Somsak Chanaim, Songsak Sriboonchitta)
Comparing Linear and Nonlinear Models in Forecasting Telephone Subscriptions Using Likelihood Based Belief Functions (Noppasit Chakpitak, Woraphon Yamaka, Songsak Sriboonchitta)
Volatility in Thailand Stock Market Using High-Frequency Data (Saowaluk Duangin, Jirakom Sirisrisakulchai, Songsak Sriboonchitta)
Technology Perception, Personality Traits and Online Purchase Intention of Taiwanese Consumers (Massoud Moslehpour, Ha Le Thi Thanh, Pham Van Kien)
Analysis of Thailand’s Foreign Direct Investment in CLMV Countries Using SUR Model with Missing Data (Chalerm Jaitang, Paravee Maneejuk, Aree Wiboonpongse, Songsak Sriboonchitta)
The Role of Oil Price in the Forecasts of Agricultural Commodity Prices (Rossarin Osathanunkul, Chatchai Khiewngamdee, Woraphon Yamaka, Songsak Sriboonchitta)
Does Forecasting Benefit from Mixed-Frequency Data Sampling Model: The Evidence from Forecasting GDP Growth Using Financial Factor in Thailand (Natthaphat Kingnetr, Tanaporn Tungtrakul, Songsak Sriboonchitta)
A Portfolio Optimization Between US Dollar Index and Some Asian Currencies with a Copula-EGARCH Approach (Ji Ma, Jianxu Liu, Songsak Sriboonchitta)
Technical Efficiency Analysis of China’s Agricultural Industry: A Stochastic Frontier Model with Panel Data (Ji Ma, Jianxu Liu, Songsak Sriboonchitta)
Empirical Models of Herding Behaviour for Asian Countries with Confucian Culture ( Munkh-Ulzii, Massoud Moslehpour, Pham Van Kien)
Forecasting the Growth of Total Debt Service Ratio with ARIMA and State Space Model (Kobpongkit Navapan, Petchaluck Boonyakunakorn, Songsak Sriboonchitta)
Effect of Macroeconomic Factors on Capital Structure of the Firms in Vietnam: Panel Vector Auto-regression Approach (PVAR) (Nguyen Ngoc Thach, Tran Thi Kim Oanh)
Emissions, Trade Openness, Urbanisation, and Income in Thailand: An Empirical Analysis (Rossarin Osathanunkul, Natthaphat Kingnetr, Songsak Sriboonchitta)
Analysis of Risk, Rate of Return and Dependency of REITs in ASIA with Capital Asset Pricing Model (Rungrapee Phadkantha, Woraphon Yamaka, Roengchai Tansuchat)
Risk Valuation of Precious Metal Returns by Histogram Valued Time Series (Pichayakone Rakpho, Woraphon Yamaka, Roengchai Tansuchat)
Factors Affecting Consumer Visiting Spa Shop: A Case in Taiwan (Meng-Chun Susan Shen, I-Tien Chu, Wan-Tran Huang)
The Understanding of Dependent Structure and Co-movement of World Stock Exchanges Under the Economic Cycle (Songsak Sriboonchitta, Chukiat Chaiboonsri, Jittima Singvejsakul)
The Impacts of Macroeconomic Variables on Financials Sector and Property and Construction Sector Index Returns in Stock Exchange of Thailand Under Interdependence Scheme (Wilawan Srichaikul, Woraphon Yamaka, Roengchai Tansuchat)
Generalize Weighted in Interval Data for Fitting a Vector Autoregressive Model (Teerawut Teetranont, Woraphon Yamaka, Songsak Sriboonchitta)
Asymmetric Effect with Quantile Regression for Interval-Valued Variables (Teerawut Teetranont, Woraphon Yamaka, Songsak Sriboonchitta)
The Future of Global Rice Consumption: Evidence from Dynamic Panel Data Approach (Duangthip Sirikanchanarak, Tanaporn Tungtrakul, Songsak Sriboonchitta)
The Analysis of the Effect of Monetary Policy on Consumption and Investment in Thailand (Jirawan Suwannajak, Woraphon Yamaka, Songsak Sriboonchitta, Roengchai Tansuchat)
Investigating Relationship Between Gold Price and Crude Oil Price Using Interval Data with Copula Based GARCH (Teerawut Teetranont, Somsak Chanaim, Woraphon Yamaka, Songsak Sriboonchitta)
Simultaneous Confidence Intervals for All Differences of Means of Normal Distributions with Unknown Coefficients of Variation (Warisa Thangjai, Sa-Aat Niwitpong, Suparat Niwitpong)
Estimating the Value of Cultural Heritage Creativity from the Viewpoint of Tourists (Phanee Thipwong, Chung-Te Ting, Yu-Sheng Huang, Yun-Zu Chen, Wan-Tran Huang)
A Bibliometric Review of Global Econometrics Research: Characteristics and Trends (Van-Chien Pham, Man-Ling Chang)
Macro-Econometric Forecasting for During Periods of Economic Cycle Using Bayesian Extreme Value Optimization Algorithm (Satawat Wannapan, Chukiat Chaiboonsri, Songsak Sriboonchitta)
Forecasting of VaR in Extreme Event Under Economic Cycle Phenomena for the ASEAN-4 Stock Exchange (Satawat Wannapan, Pattaravadee Rakpuang, Chukiat Chaiboonsri)
Interval Forecasting on Big Data Context (Berlin Wu)
Bayesian Empirical Likelihood Estimation for Kink Regression with Unknown Threshold (Woraphon Yamaka, Pathairat Pastpipatkul, Songsak Sriboonchitta)
Spatial Choice Modeling Using the Support Vector Machine (SVM): Characterization and Prediction (Yong Yoon)