GLS estimation in python to forecast gross regional domestic product using generalized space–time autoregressive seemingly unrelated regression model
Prizka Rismawati Arum,
Ihsan Fathoni Amri,
Saeful Amri
Abstract:Economic growth is essential for regional economic performance, with gross regional domestic product (GRDP) being a key indicator of economic development over time. In this research case, the GRDP data of various provinces on Java Island from 2010 to 2023 will be used as the variable being studied. The data obtained from the GRDP variable contain spatial and temporal information, requiring an appropriate model to forecast spatiotemporal data, namely, the Generalized Space–Time Autoregressive (GSTAR) model. How… Show more
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