A Nowcasting Model of Industrial Production using Alternative Data and Machine Learning Approaches
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Cited by:
- Kakuho Furukawa & Ryohei Hisano, 2022. "A Nowcasting Model of Exports Using Maritime Big Data," Bank of Japan Working Paper Series 22-E-19, Bank of Japan.
- Marco Fruzzetti & Tiziano Ropele, 2024. "Nowcasting Italian industrial production: the predictive role of lubricant oils," Questioni di Economia e Finanza (Occasional Papers) 866, Bank of Italy, Economic Research and International Relations Area.
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More about this item
Keywords
Industrial production; Mobility data; Electricity data; Nowcasting; Machine learning; COVID-19;All these keywords.
JEL classification:
- C49 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Other
- C55 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Large Data Sets: Modeling and Analysis
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
- E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BIG-2022-12-19 (Big Data)
- NEP-CMP-2022-12-19 (Computational Economics)
- NEP-ENE-2022-12-19 (Energy Economics)
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