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  1. Yangon University of Economics
  1. Yangon University of Economics
  2. Doctor of Philosophy (PhD)

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/10588
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7d57ad64-9d9a-4a55-b325-6831a44fcc4f
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Aye Aye Aye Htwe, 4 Paragu Ah-1.pdf (1.4 MB)
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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.
Thesis/dissertations
Yangon University of Economics
Prof.Dr. Hlaing Hlaing Moe
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