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This study uses historical data and modern statistical models to forecast future Gross Domestic Product (GDP) in Jordan. The Wavelet Transformation model (WT) and Autoregressive Integrated Moving Average (ARIMA) model were applied to the time series data and yielded a best-fitting result of (2,1,1) for estimating GDP between 2022-2031. The study co...
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... data were examined using Matlab and Mini-tab statistical software, which is recommended as the best suitable software for using ARIMA, in order to estimate the future GDP. The research hypothesis, dependent and independent variables, as well as the anticipated statistical tests, are all shown in Table 1. ...Similar publications
Ethiopia has implemented numerous national development plans and strategies to achieve sustainable economic growth at both the national and regional levels, specifically in the Afar region. However, there has been a lack of assessment regarding the outcomes and expected goals of these plans and strategies, particularly for the regional economy. Hen...