Hybrid Grey Forecasting Model for Iran’s Energy Consumption and Supply
Grey theory deals with systems that are characterized by poor information or for which information is lacking. This study presents an improved grey GM (1, 1) model, using a technique that combines residual modification with Markov Chain model. We use energy consumption and supply of Iran to test the...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2012-07-01
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Series: | International Journal of Energy Economics and Policy |
Subjects: | |
Online Access: | http://www.econjournals.com/index.php/ijeep/article/view/167/121 |