A multiprocess mixture-model approach to combining forecasts from alternative sources is proposed. This approach extends the Granger-Ramanathan method by allowing the weights used in producing the combination forecast to vary over time. In addition, the procedure discounts outlying data points...

This article adapts to the regional level a multicountry technique recently used by Garcia-Ferrer, Highfield, Palm, and Zellner (1987) and extended by Zellner and Hong (1987) to forecast the growth rates in gross national product across nine countries. This forecasting methodology is applied to...

Interindustry input-output (IO) relationships were incorporated into a local labor market forecasting model for the Toledo, OH MSA by Magura (1990); he found that the use of the IO information as a Bayesian prior reduced forecast errors. LeSage and Magura (1991) found similar results using...