2021
DOI: 10.3233/jifs-202711
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Forecasting carbon emissions using a multi-variable GM (1,N) model based on linear time-varying parameters

Abstract: Faced with serious growing global warming problem, it is important to predict carbon emissions. As there are a lot of factors affecting carbon emissions, a novel multi-variable grey model (GM(1,N) model) based on linear time-varying parameters discrete grey model (TDGM(1,N)) has been established. In this model, linear time-varying function is introduced into the traditional model, and dynamic optimization of fixed parameters which can only be used for static analysis is carried out. In order to prove the appli… Show more

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Cited by 13 publications
(4 citation statements)
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“…Scholars have carried out the improvement GS 14,1 work of the grey forecasting model from various angles. The current improvements for GM(1,N) model are mainly background value optimization (Hsu, 2009;Guo et al, 2013;Huang, 2009), consideration of time-lag features (Zhang et al, 2015;Xiong et al, 2021;Ofosu-Adarkwa and Xie, 2023), and nonlinear features (Zhou and Fang, 2010;Ding et al, 2018a;Wang and Ye, 2017). Among them, parameter improvement of background value is more straightforward than other methods, and the improvement effect is ideal.…”
Section: Chinese Carbon Emission Intensity Forecastingmentioning
confidence: 99%
See 1 more Smart Citation
“…Scholars have carried out the improvement GS 14,1 work of the grey forecasting model from various angles. The current improvements for GM(1,N) model are mainly background value optimization (Hsu, 2009;Guo et al, 2013;Huang, 2009), consideration of time-lag features (Zhang et al, 2015;Xiong et al, 2021;Ofosu-Adarkwa and Xie, 2023), and nonlinear features (Zhou and Fang, 2010;Ding et al, 2018a;Wang and Ye, 2017). Among them, parameter improvement of background value is more straightforward than other methods, and the improvement effect is ideal.…”
Section: Chinese Carbon Emission Intensity Forecastingmentioning
confidence: 99%
“…, 2013; Huang, 2009), consideration of time-lag features (Zhang et al. , 2015; Xiong et al. , 2021; Ofosu-Adarkwa and Xie, 2023), and nonlinear features (Zhou and Fang, 2010; Ding et al ., 2018a; Wang and Ye, 2017).…”
Section: Literature Reviewmentioning
confidence: 99%
“…For long-term forecast, the uncertainty of future perturbation factors will make the forecast accuracy lower. Xiong et al 23 developed a new multivariate grey model based on linear time-varying discrete parameters. In this model, a linear time-varying function was introduced into the traditional model to dynamically optimize the fixed parameters that can only be used for static analysis.…”
Section: Introductionmentioning
confidence: 99%
“…They establish a multi-provincial carbon emissions time series planning prediction model. To solve the problem of many factors affecting carbon emissions, Xiong et al [10] establish a new multi-variable grey model based on linear time-varying discrete parameters. In this model, the linear time-varying function is introduced into the traditional model to dynamically optimize the fixed parameters that can only be used for static analysis.…”
Section: Introductionmentioning
confidence: 99%