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Physical Sciences and Mathematics Commons

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University of Nevada, Las Vegas

Public Policy and Leadership Faculty Publications

2019

Forecasting accuracy

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Full-Text Articles in Physical Sciences and Mathematics

Joint Determination Of Residential Relocation And Commuting: A Forecasting Experiment For Sustainable Land Use And Transportation Planning, Jaewon Lim, Jae Hong Kim Jan 2019

Joint Determination Of Residential Relocation And Commuting: A Forecasting Experiment For Sustainable Land Use And Transportation Planning, Jaewon Lim, Jae Hong Kim

Public Policy and Leadership Faculty Publications

This article applies matrix forecasting methods to the investigation of residential relocation and commuting patterns that are highly interconnected, but often analyzed separately. More specifically, using recent inter-county migration and commuting pattern data for the three largest metropolitan areas in California, it examines how residential relocation and commuting are associated in the regions and whether a unified framework—in which household relocation and commuting flow matrices are jointly determined—can improve the forecasting performance. The relocation–commuting association is found to differ substantially by region, suggesting the importance of region-specific factors in shaping the interrelationship. Joint forecasting, however, can attain a higher accuracy …