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On Spline Regression Model Applied to Export-Import Ratios of Myanmar (Aye Aye Htwe, 2024)
https://meral.edu.mm/records/10588
https://meral.edu.mm/records/1058841a77799-d784-451f-b0f4-6081fe2f2d24
7d57ad64-9d9a-4a55-b325-6831a44fcc4f
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| Publication type | ||||||
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| Dissertation | ||||||
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| Title | ||||||
| Title | On Spline Regression Model Applied to Export-Import Ratios of Myanmar (Aye Aye Htwe, 2024) | |||||
| Language | en | |||||
| Publication date | 2024-10-01 | |||||
| Authors | ||||||
| Aye Aye Htwe | ||||||
| Description | ||||||
| This study analyzes the export-import ratios in Myanmar over the period from 1948-1949 to 2022-2023 based on the annual exports and imports data using the spline regression models. There have been prominent changes in the trend of export-import ratios of Myanmar during the study period. Based on the results of the cusum and cusum recursive tests, it is found that there has been the parameter instability in the export-import ratios of Myanmar during the same period. In order to capture significant trade balance changes, segmented regression is estimated after selecting breakpoints based on AIC and BIC. Regrading model fitting, B-spline regression models including linear, quadratic, and cubic spline regression models are estimated by selecting the knots. Among these models, the cubic spline regression model provides the optimal fit. Furthermore, smoothing and natural spline regression models are used to fit exportimport ratios. A smoothing spline regression model proves to be the most appropriate model, based on the model criteria. As a result, the smoothing spline regression model is applied to forecast future export-import ratios. The forecast values for export-import ratios of Myanmar from 2023-2024 to 2027-2028 indicates the trade surplus. |
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| Thesis/dissertations | ||||||
| Yangon University of Economics | ||||||
| Prof.Dr. Hlaing Hlaing Moe | ||||||