Time-Series Forecasting Model for Adoption Rates in South Africa: A Replication Study of Process-Control Systems

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Autori principali: Sekhukweni, Mpho, Motshega, Sipho, Tshabalala, Thabo, Mogoa, Kgosi
Natura: Recurso digital
Lingua:inglese
Pubblicazione: Zenodo 2005
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author Sekhukweni, Mpho
Motshega, Sipho
Tshabalala, Thabo
Mogoa, Kgosi
author_facet Sekhukweni, Mpho
Motshega, Sipho
Tshabalala, Thabo
Mogoa, Kgosi
contents <p>This study aims to replicate a previous research that utilised time-series forecasting models to analyse the adoption rates of process-control systems in South Africa. The replication study employs a time-series forecasting model, specifically an autoregressive integrated moving average (ARIMA) method, to forecast adoption rates based on historical data from South Africa. The ARIMA(1,1,1) model was chosen for its ability to capture both short-term and long-term dependencies in the data. The findings revealed that the ARIMA(1,1,1) model accurately predicted the trend of adoption rates with a confidence interval of ±2% around the forecasted values. The replication study confirms the predictive accuracy of the ARIMA model for time-series forecasting in measuring process-control systems' adoption rates in South Africa. Recommendation is to extend this model's application to other sectors and regions, providing more robust insights into technology diffusion patterns globally. The maintenance outcome was modelled as $Y_{it}=\beta_0+\beta_1X_{it}+u_i+\varepsilon_{it}$, with robustness checked using heteroskedasticity-consistent errors.</p>
format Recurso digital
id zenodo_https___doi_org_10_5281_zenodo_18814346
institution Zenodo
language eng
publishDate 2005
publisher Zenodo
record_format zenodo
spellingShingle Time-Series Forecasting Model for Adoption Rates in South Africa: A Replication Study of Process-Control Systems
Sekhukweni, Mpho
Motshega, Sipho
Tshabalala, Thabo
Mogoa, Kgosi
South Africa
Geographic Information Systems
Time-Series Analysis
Forecasting Models
Process Control
Adoption Rates
Methodological Evaluation
<p>This study aims to replicate a previous research that utilised time-series forecasting models to analyse the adoption rates of process-control systems in South Africa. The replication study employs a time-series forecasting model, specifically an autoregressive integrated moving average (ARIMA) method, to forecast adoption rates based on historical data from South Africa. The ARIMA(1,1,1) model was chosen for its ability to capture both short-term and long-term dependencies in the data. The findings revealed that the ARIMA(1,1,1) model accurately predicted the trend of adoption rates with a confidence interval of ±2% around the forecasted values. The replication study confirms the predictive accuracy of the ARIMA model for time-series forecasting in measuring process-control systems' adoption rates in South Africa. Recommendation is to extend this model's application to other sectors and regions, providing more robust insights into technology diffusion patterns globally. The maintenance outcome was modelled as $Y_{it}=\beta_0+\beta_1X_{it}+u_i+\varepsilon_{it}$, with robustness checked using heteroskedasticity-consistent errors.</p>
title Time-Series Forecasting Model for Adoption Rates in South Africa: A Replication Study of Process-Control Systems
topic South Africa
Geographic Information Systems
Time-Series Analysis
Forecasting Models
Process Control
Adoption Rates
Methodological Evaluation
url https://doi.org/10.5281/zenodo.18814346