Forecasting Alcohol Consumption in Europe

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F16%3A43910156" target="_blank" >RIV/62156489:43110/16:43910156 - isvavai.cz</a>
Result on the web
<a href="http://www.ijmc.org/IJMC/Vol_19.1_files/19.1.pdf" target="_blank" >http://www.ijmc.org/IJMC/Vol_19.1_files/19.1.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Forecasting Alcohol Consumption in Europe
Original language description
his article is focused on forecasting the developments in alcohol consumption in Europe. The results are based on the current alcohol consumption per capita in Europe. The analysis of alcohol consumption should consider the product characteristics as well as the consequences of its excessive consumption. The predictive methodology makes use of the Box-Jenkins method, which is a prerequisite to successfully identify a time series model, a parameter estimation model, the appropriate transformation of time series, determining the order of differentiation and subsequent verification of the model and also the ARIMA model, taking into account the autocorrelation and partial autocorrelation process. The chosen methodology for predictions of alcohol consumption is a rerequisite for possible proposals of measures to regulate alcohol consumption in Europe. The forecast of the development of consumption is performed on the forthcoming 10 years due to the length of the process to determine and implement alcohol consumption regulation measures.
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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