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Small-Area Estimation of Economic Statistics
Authors:Cary T. Isaki
Affiliation:Statistical Research Division , U.S. Bureau of the Census , Washington , DC , 20233
Abstract:A ratio-correlation (multiple regression) approach for estimating key economic statistics for small areas is proposed and compared with several synthetic estimation methods using various measures of performance. Using published data that are easily accessible, the methods provide a means of estimating statistics not currently published with a reasonable amount of error.
Keywords:County Business Patterns  Mean absolute relative error  Multiple regression  Ratio-correlation methods  Synthetic estimation
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