Table 16 MAPE and RMSE loss functions for the disaggregated GDP models with error correction forecast
Q | M | Disaggregated midas | Disaggregated regression | AR | RW | Regression model | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
MAPE (%) | RMSE | MAPE (%) | RMSE | MAPE (%) | RMSE | MAPE (%) | RMSE | MAPE (%) | RMSE | ||
Current quarter | M1 | 1.64 | 1269.1 | 1.82 | 1520.7 | Â | Â | Â | Â | Â | Â |
M2 | 1.66 | 1249.4 | 1.85 | 1500.7 | Â | Â | Â | Â | Â | Â | |
M3 | 1.75 | 1282.6 | 1.84 | 1493.7 | 2.44 | 1938.4 | 2.54 | 1960.5 | Â | Â | |
Next quarter | M1 | 1.46 | 1138.3 | 1.97 | 1555.5 | Â | Â | Â | Â | Â | Â |
M2 | 1.56 | 1197.2 | 1.82 | 1414.4 | Â | Â | Â | Â | Â | Â | |
| Â | M3 | Â | Â | Â | Â | 1.59 | 1335.1 | 1.55 | 1285.9 | 2.01 | 1563.8 |