Forecasting foreign trade of Bosnia and Herzegovina for wood and articles of wood, wood Charcoal by Seasonal ARIMA model

dc.contributor.authorErsen, Nadir
dc.contributor.authorAkyüz, İlker
dc.date.accessioned2025-07-07T12:04:34Z
dc.date.available2025-07-07T12:04:34Z
dc.date.issued2017
dc.departmentAÇÜ, Artvin Meslek Yüksekokulu, Ormancılık ve Orman Ürünleri Bölümü
dc.description.abstractIn this study, it is aimed that the analysis of export and import values of Bosnia and Herzegovina for wood and articles of wood, wood charcoal with seasonal ARIMA model and forecasting of export and import values for next term by the best appropriate seasonal ARIMA model. The data used in this study were obtained from Trade statistics for international business development (TRADEMAP) and monthly data covering the period of January 2007 and December 2015. Augmented Dickey-Fuller test was used for the stationarity test. Temporary model that have smallest values of forecasting accuracy measurement was determined. The appropriateness of the model (whether plot of autocorrelation has white noise) was determined by using the Box-Ljung test. As a result, ARIMA (3,1,0)(0,1,2)12 model was found as the best forecasting model for both export and import series. It was estimated that export value of Bosnia and Herzegovina for wood and articles of wood, wood charcoal is approximately 531 million$, while import value is 160 million$ in 2020.
dc.identifier.doi10.21533/pen.v5i1.73
dc.identifier.endpage50
dc.identifier.issn23034521
dc.identifier.issue1
dc.identifier.scopusqualityQ2
dc.identifier.startpage44
dc.identifier.urihttps://hdl.handle.net/11494/5683
dc.identifier.volume5
dc.indekslendigikaynakScopus
dc.institutionauthorErsen, Nadir
dc.language.isoen
dc.publisherInternational University of Sarajevo
dc.relation.ispartofPeriodicals of Engineering and Natural Sciences
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectExport
dc.subjectForecasting
dc.subjectImport
dc.subjectSeasonal ARIMA model
dc.subjectWood and articles of wood
dc.subjectWood charcoal
dc.titleForecasting foreign trade of Bosnia and Herzegovina for wood and articles of wood, wood Charcoal by Seasonal ARIMA model
dc.typeArticle

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