Research Article
Selecting Single Model in Combination Forecasting Based on Cointegration Test and Encompassing Test
Table 6
Result of combined forecasts of single models by cointegration test.
| | Simple average | Weighted optimal | ANN |
| 12 single models’ combination without cointegration test | 5.00 | 5.42 | 5.88 | 7 single models’ combination with cointegration test | 4.90 | 5.21 | 5.44 |
|
|