Table 8 ETS model information and parameter estimates with their error measures for China
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 = 0.99;β = 0.13 | 0.04 | 0.19 | 0.14 | 0.75 | 3.32 | 0.87 | 0.07 |
Total Health Expenditure Per Capita ($PPP) | ETS(M,A,N) α = 0.99;β = 0.00 | 6.68 | 22.26 | 15.85 | 0.64 | 3.57 | 0.53 | 0.07 |
Government Health Expenditure Per Capita ($PPP) | ETS(A,A,N) α = 0.99;β = 0.20 | -0.01 | 0.08 | 0.06 | 0.60 | 1.93 | 0.50 | 0.05 |
Pre-Paid Private Health Expenditure Per Capita ($PPP) | ETS(A,A,N) α = 0.77;β = 0.44 | 0.04 | 0.12 | 0.10 | -0.75 | 2.04 | 0.97 | -0.07 |
Out-of-Pocket Health Expenditure Per Capita ($PPP) | ETS(A,A,N) α = 0.95;β = 0.00 | 0.00 | 0.05 | 0.04 | -0.02 | 1.18 | 0.68 | 0.01 |
Government Health Expenditure (% of CHE) | ETS(A,A,N) α = 0.99;β = 0.86 | 0.00 | 0.05 | 0.04 | -7.54 | 19.99 | 0.39 | 0.03 |
Pre-Paid Private Health Expenditure (% of CHE) | ETS(A,Ad,N) α = 0.70;β = 0.58 | 0.02 | 0.12 | 0.11 | -0.93 | 4.62 | 0.85 | -0.01 |
Out-of-Pocket Health Expenditure (% of CHE) | ETS(A,A,N) α = 0.99;β = 0.00 | 0.00 | 0.07 | 0.05 | -6.95 | 26.71 | 0.67 | 0.34 |