logo
ResearchBunny Logo
Implementation of the ARIMA model for prediction of economic variables: evidence from the health sector in Brazil

Economics

Implementation of the ARIMA model for prediction of economic variables: evidence from the health sector in Brazil

C. P. D. Veiga, C. R. P. D. Veiga, et al.

Discover how the ARIMA model is revolutionizing healthcare forecasting in Brazil! This research, conducted by Claudimar Pereira da Veiga, Cássia Rita Pereira da Veiga, Felipe Mendes Girotto, Diego Antonio Bittencourt Marconatto, and Zhaohui Su, showcases impressive predictions with over 95% accuracy for key economic indicators impacting the healthcare sector from 2000 to 2020.

00:00
00:00
Playback language: English
Abstract
This paper investigates the application of the Autoregressive Integrated Moving Average (ARIMA) model to forecast five key economic time series impacting Brazil's healthcare sector (2000-2020): GDP, IPCA (inflation), unemployment rate, total health plan beneficiaries, and individual health plan beneficiaries. The study demonstrates the ARIMA model's effectiveness in accurately predicting these variables, achieving over 95% accuracy. These findings offer valuable insights for healthcare managers and policymakers in strategic planning and resource allocation.
Publisher
Humanities and Social Sciences Communications
Published On
Aug 22, 2024
Authors
Claudimar Pereira da Veiga, Cássia Rita Pereira da Veiga, Felipe Mendes Girotto, Diego Antonio Bittencourt Marconatto, Zhaohui Su
Tags
ARIMA
healthcare sector
economic time series
GDP
inflation
unemployment rate
health plan beneficiaries

Related Publications

Explore these studies to deepen your understanding of the subject.

Economic losses from COVID-19 cases in the Philippines: a dynamic model of health and economic policy trade-offs
Economics

Economic losses from COVID-19 cases in the Philippines: a dynamic model of health and economic policy trade-offs

E. P. D. Lara-tuprio, M. R. J. E. Estuar, et al.

The role of teacher patience in the implementation of assessment for learning (AfL): Vignettes from a writing classroom
Education

The role of teacher patience in the implementation of assessment for learning (AfL): Vignettes from a writing classroom

X. Zhang

Isotopic evidence for an intensified hydrological cycle in the Indian sector of the Southern Ocean
Earth Sciences

Isotopic evidence for an intensified hydrological cycle in the Indian sector of the Southern Ocean

C. H. Akhoudas, J. Sallée, et al.

The evolutionary mechanism of haze collaborative governance: novel evidence from a tripartite evolutionary game model and a case study in China
Environmental Studies and Forestry

The evolutionary mechanism of haze collaborative governance: novel evidence from a tripartite evolutionary game model and a case study in China

Z. Zhang, G. Zhang, et al.

Listen, Learn & Level Up
Over 10,000 hours of research content in 25+ fields, available in 12+ languages.
No more digging through PDFs, just hit play and absorb the world's latest research in your language, on your time.
listen to research audio papers with researchbunny