... of space‐time correlation coefficient to Moran's Index. Originality/value This new correlation coefficient that considers both temporal and spatial factors and will provide a more scientific and effective tool for spatial econometric analysis in time and space changes of management on society...

... that, in business,macroeconometric forecasts can easily be overvalued and should be used with care. They are certainly no substitute for fundamental scenario planning or indeed for short run risk management strategies. Given these points one may again question why firms use econometric forecasts so extensively...

..., and its role in the managerial decision‐making process. Uses a case study to demonstrate the application of a forecasting method. © MCB UP Limited 1994 Box Jenkins method Delphi method Econometrics Exponential smoothing Forecasting Input/output analysis Management information Product...