Multimodel forecasting of non-renewable resources production

V.K. Semenychev, E.I. Kurkin, E.V. Semenychev and A.A. Danilova

Energy, 2017, vol. 130, issue C, 448-460

Abstract: The article addresses the complexities of modelling and forecasting of non-renewable resources production (oil, gas, coal, etc.), by means of combining five production trend models with “custom” asymmetry, as well as with six models of fluctuation components: harmonic, independent from the trend; harmonic, proportional to the trend; simultaneous presence of the first and second models of fluctuation components; harmonic with “weighted amplitude”; “frequency-weighted” harmonics.

Keywords: Non-renewable resources; Modelling; Forecasting; Trend; Fluctuation component; Monitoring of model evolution (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:130:y:2017:i:c:p:448-460

DOI: 10.1016/j.energy.2017.04.098

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