tailieunhanh - Accurate estimated model of volatility crude oil price

The purpose of this study is to construct the best-fitted model to forecast daily COP as well as to discuss the prepared recommendation for reducing the impact of daily COP movement. Daily COP data are observed for the last decade, ., from 2009 to 2018. The finding with the error of less than is AR (1) – GARCH (1,1). The implementation of the model is applicable for both predicting the next 90 days for the COP and its anticipated impact in the future. Because of the increasing prediction, it is recommended that policymakers convert energy use to renewable energy to reduce the cost of oil use. | Accurate estimated model of volatility crude oil price

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