A Parsimonious Bootstrap Method to Model Natural Inflow Energy Series
Table 1
Methods tested.
Method
Structural identification
Parameters estimation
MOM-RL
PAFC asymptotic confidence interval. Criterion: for a period , the procedure looks for the largest order so that all estimations for are not significant.
MOM (point estimates)
BMOM-RL
PACF Bootstrap confidence interval for each lag. Criterion: the same as that of MOM-RL.
MOM (point estimates)
MOM-LR
PAFC asymptotic confidence interval. Criterion: for a period m, the procedure looks for the largest order i so that all estimations for are significant. This criterion does not admit nonsignificant intermediary lags.
MOM (point estimates)
PBMOM
PACF Bootstrap confidence interval for each lag. Criterion: the same as that of MOM-LR.