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An ARIMA model to forecast the spread and the final size of COVID-2019 epidemic in Italy

Book
Publication Date:
2020
Short description:
(2020). An ARIMA model to forecast the spread and the final size of COVID-2019 epidemic in Italy . Retrieved from http://hdl.handle.net/10446/163680
abstract:
Coronavirus disease (COVID-2019) is a severe ongoing novel pandemic that is spreading quickly across the world. Italy, that is widely considered one of the main epicenters of the pandemic, has registered the highest COVID-2019 death rates and death toll in the world, to the present day. In this article I estimate an autoregressive integrated moving average (ARIMA) model to forecast the epidemic trend over the period after April 4, 2020, by using the Italian epidemiological data at national and regional level. The data refer to the number of daily confirmed cases officially registered by the Italian Ministry of Health (www.salute.gov.it) for the period February 20 to April 4, 2020. The main advantage of this model is that it is easy to manage and fit. Moreover, it may give a first understanding of the basic trends, by suggesting the hypothetic epidemic's inflection point and final size.
Iris type:
1.8.04 Working paper monografico in Serie/Collana
List of contributors:
Perone, Gaetano
Handle:
https://aisberg.unibg.it/handle/10446/163680
Published in:
HEDG WORKING PAPER
Series
  • Research

Research

Concepts (4)


Settore SECS-P/01 - Economia Politica

Settore SECS-P/02 - Politica Economica

Settore SECS-P/05 - Econometria

Settore SECS-S/01 - Statistica
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