FORECASTING KEY INDICATORS OF POPULATION LIVINGSTANDARDS IN REGIONS USING ARIMA MODELS
Keywords:
Living standards, ARIMA model, time-series analysis, regional development, income forecasting, employment analysis, econometric modeling, socioeconomic indicators.Abstract
The assessment and forecasting of population living standards are essential for designing effective socio-economic policies. This study focuses on the application of ARIMA (AutoRegressive Integrated Moving Average) models to forecast key indicators of living standards in regions. By utilizing time-series data, the research demonstrates how ARIMA models can capture trends, seasonality, and fluctuations in socio-economic indicators such as income, employment, and consumption. The results highlight the reliability of ARIMA-based forecasts in supporting regional development strategies and improving policy planning.
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Published
2024-03-30
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