SHORT-TERM FORECASTING MODEL OF MILK PRODUCTION
Abstract
Purpose is to define the place and share of regional milk production and dairy products in the country's economy.
In methodology used dynamic analysis for 1990-2018 and forecast based on mathematic model the milk production for 3 years.
Originality shown conducted an assessment of the regional market of dairy products and its prospects for development.
Identified the major trends and factors of changes in the productions efficiency and in milk distribution are findings of the research.
Recommendations for milk market development are proposed. The forecast of raw milk production is based on the dynamic time series model.
About the Authors
A. BaiguzhinovaKazakhstan
Almaty
R. Elshibayev
Kazakhstan
Almaty
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Review
For citations:
Baiguzhinova A., Elshibayev R. SHORT-TERM FORECASTING MODEL OF MILK PRODUCTION. Central Asian Economic Review. 2019;(5):75-83. (In Kazakh)