Unfolding the potential of the ARIMA model in forecasting maize production in Tanzania

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dc.contributor.authorLwaho, Joseph
dc.contributor.authorIlembo, Bahati
dc.date.accessioned2024-03-18T10:10:53Z
dc.date.available2024-03-18T10:10:53Z
dc.date.issued2023
dc.description.abstractPurpose – This paper was set to develop a model for forecasting maize production in Tanzania using the autoregressive integrated moving average (ARIMA) approach. The aim is to forecast future production of maize for the next 10 years to help identify the population at risk of food insecurity and quantify the anticipatedmaize shortage. Design/methodology/approach – Annual historical data on maize production (hg/ha) from 1961 to 2021 obtained from the FAOSTAT database were used. The ARIMA method is a robust framework for forecasting time-series data with non-seasonal components. The model was selected based on the Akaike Information Criteria corrected (AICc) minimum values and maximum log-likelihood. Model adequacy was checked using plots of residuals and the Ljung-Box test. Findings – The results suggest that ARIMA (1,1,1) is the most suitable model to forecast maize production in Tanzania. The selected model proved efficient in forecasting maize production in the coming years and is recommended for application. Originality/value – The study used partially processed secondary data to fit for Time series analysis using ARIMA (1,1,1) and hence reliable and conclusive results
dc.identifier.citationAPA
dc.identifier.issn2754-6721
dc.identifier.issn0973-211X
dc.identifier.otherDOI 10.1108/BAJ-07-2023-0055
dc.identifier.urihttps://scholar.mzumbe.ac.tz/handle/123456789/377
dc.language.isoen_US
dc.publisherBusiness Analyst Journal (Emerald Publishing Limited )
dc.subjectARIMA
dc.subjectTime series
dc.subjectMaize production
dc.subjectForecast
dc.titleUnfolding the potential of the ARIMA model in forecasting maize production in Tanzania
dc.typeArticle
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