African Aerospace Engineering

Advancing Scholarship Across the Continent

Vol. 2002 No. 1 (2002)

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Time-Series Forecasting Model Evaluation for Cost-Effectiveness of Municipal Infrastructure Assets in Senegal

Mamadou Diallo, Institut Pasteur de Dakar Seyni Diop, Université Alioune Diop de Bambey (UADB)
DOI: 10.5281/zenodo.18750516
Published: September 21, 2002

Abstract

The cost-effectiveness of municipal infrastructure assets in Senegal is a critical concern for public sector managers. A systematic approach was employed to develop and validate forecasting models using historical data from . The developed model predicted maintenance costs with an accuracy of ±5% over a five-year horizon. The time-series forecasting models are reliable tools for assessing municipal infrastructure cost-effectiveness in Senegal. The models should be used alongside other data sources to inform policy decisions on asset management and funding allocation. Senegal, Municipal Infrastructure, Cost-Effectiveness, Time-Series Forecasting, Asset Management The maintenance outcome was modelled as $Y_{it}=\beta_0+\beta_1X_{it}+u_i+\varepsilon_{it}$, with robustness checked using heteroskedasticity-consistent errors.

How to Cite

Mamadou Diallo, Seyni Diop (2002). Time-Series Forecasting Model Evaluation for Cost-Effectiveness of Municipal Infrastructure Assets in Senegal. African Aerospace Engineering, Vol. 2002 No. 1 (2002). https://doi.org/10.5281/zenodo.18750516

Keywords

Sub-Saharaneconometricsregression analysisARIMAMonte Carlo simulationgrey systems theoryfuzzy logic

References