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Tytuł artykułu
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Warianty tytułu
Języki publikacji
Abstrakty
The purpose of this paper is an attempt to nowcast (here: to predict in a short time horizon) new car registrations in Poland based on data of Google search queries and website traffic of car manufacturers. The study covers 47 monthly observations for six automotive makes. The strongest explanatory power is exhibited by the autoregressive component (number of registrations lagged one month), followed by the number of search queries. The website traffic of car manufacturers significantly influences the number of registrations in two out of six cases. (original abstract)
Czasopismo
Rocznik
Strony
147--154
Opis fizyczny
Twórcy
autor
- Warsaw School of Economics, Poland
autor
- Warsaw School of Economics, Poland
Bibliografia
- Askitas N., Zimmermann K.F. (2009), Google Econometrics and Unemployment Forecasting, "Applied Economics Quarterly", 55 (2), 107-120.
- Bańbura M., Giannone D., Modugno M., Reichlin L. (2013), Now-Casting and the Real-Time Data Flow, Working Papers, European Central Bank, no. 1564.
- Carriere-Swallow Y., Labbe F. (2013), Nowcasting with Google Trends in an Emerging Market, "Journal of Forecasting", 32 (4), 289-298.
- Choi H., Varian H. (2011), Predicting the Present with Google Trends, "Economic Record", 88, 2-9. doi: 10.1111/j.1475-4932.2012.00809.
- Li N., Peng G., Chen H., Bao. J. (2013), A Prediction Study on E-commerce Orders Based on Site Search Data, 6th International Conference on Information Management, "Innovation Management and Industrial Engineering", 2, 314-318.
- Schmidt T., Vosen S. (2009), Forecasting Private Consumption: Survey-based Indicators vs. Google Trends, "Ruhr Economic Papers", 155.
- Sun B., Li B., Li G., Zhang K. (2013), Automobile Demand Forecasting: An Integrated Model of PLS Regression and ANFIS. Advances in Information Sciences & Service Sciences, 5(8), 429-436.
- Tomczyk E., Doligalski T. (2015), Predicting New Car Registrations: Nowcasting with Google Search and Macroeconomic Data [in:] Sł. Partycki (ed.), E-społeczeństwo w Europie Środkowej i Wschodniej. Teraźniejszość i perspektywy rozwoju, Wydawnictwo KUL, Lublin, 228-236.
Typ dokumentu
Bibliografia
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