Robust Prediction of Healthcare Inflation Rate With Statistical and AI Methods in Iran
Mohammad Javad Shaibani,
Ali Akbar Fazaeli
Abstract:The expected healthcare (HC) inflation rate (IR) (HCIR) is an important variable for all economic agents within HC systems. In recent years, during the COVID‐19 pandemic, Iran has experienced a high HCIR in its health system. In this context, a robust approximation of HCIR will be a helpful tool for health authorities and other decision makers. Using monthly time series data of HCIR in Iran, we developed various forecasting techniques based on classical smoothing methods, decomposition ETS (error, trend, and s… Show more
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