Table 6 ETS model information and parameter estimates with their error measures for Russia
From: Future health expenditure in the BRICS countries: a forecasting analysis for 2035
Indicator | Method | ME | RMSE | MAE | MPE | MAPE | MASE | ACF1 |
|---|---|---|---|---|---|---|---|---|
Total Health Expenditure (% of GDP) | ETS(A,A,N) α = 0.29;β = 0.00 | 0.00 | 0.27 | 0.22 | -0.28 | 4.24 | 1.05 | 0.29 |
Total Health Expenditure Per Capita ($PPP) | ETS(M,A,N) α = 0.99;β = 0.00 | -15.21 | 65.11 | 51.61 | -1.26 | 4.42 | 0.71 | 0.37 |
Government Health Expenditure Per Capita ($PPP) | ETS(A,A,N) α = 0.99;β = 0.00 | 0.00 | 0.08 | 0.07 | 0.11 | 3.93 | 0.77 | 0.43 |
Pre-Paid Private Health Expenditure Per Capita ($PPP) | ETS(A,A,N) α = 0.99;β = 0.00 | 0.00 | 0.15 | 0.09 | -0.02 | 2.01 | 1.06 | 0.02 |
Out-of-Pocket Health Expenditure Per Capita ($PPP) | ETS(A,Ad,N) α = 0.99;β = 0.01 | 0.00 | 0.03 | 0.03 | 0.02 | 1.06 | 0.41 | 0.39 |
Government Health Expenditure (% of CHE) | ETS(A,A,N) α = 0.99;β = 0.00 | 0.00 | 0.06 | 0.05 | -1.85 | 11.47 | 1.00 | 0.42 |
Pre-Paid Private Health Expenditure (% of CHE) | ETS(A,A,N) α = 0.95;β = 0.00 | 0.00 | 0.13 | 0.08 | -0.04 | 2.75 | 0.76 | 0.01 |
Out-of-Pocket Health Expenditure (% of CHE) | ETS(A,A,N) α = 0.02;β = 0.00 | 0.00 | 0.07 | 0.06 | -1.89 | 10.24 | 1.08 | 0.53 |