Research Article
A Forecast Combination Framework with Multi-Time Scale for Livestock Products’ Price Forecasting
Table 4
Performance between the best single model and the combined models.
| Products | Best single model | GM-VAR | VAR |
| Panel A: RMSE | Pork | 1.3069 | 1.2552 | 1.3271 | Egg | 2.6472 | 2.5871 | 2.5864 | Mutton | 1.9521 | 1.9116 | 1.9121 | Beef | 1.1719 | 0.8503 | 0.8990 |
| Panel B: MAPE | Pork | 7.6021 | 5.5372 | 5.7104 | Egg | 39.4796 | 38.7003 | 38.6921 | Mutton | 2.7108 | 2.9083 | 2.9062 | Beef | 1.6294 | 1.1851 | 1.2528 |
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