A simple selection test between the Gompertz and Logistic growth models

• Autores: Pierre Nguimkeu
• Localización: Technological Forecasting and Social Change, ISSN-e 1873-5509, Vol. 88, Nº. 1, 2014, págs. 98-105
• Idioma: inglés
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• Resumen

  • This paper proposes a simple model selection test between the Gompertz and the Logistic growth models based on parameter significance testing in a comprehensive linear regression. Simulations studies are provided to show the accuracy of the method. Two real-data examples are also provided to illustrate the implementation of the proposed method in practice.