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The error convergence of the estimation approach is given.
This inconsistent estimation approach makes comparison across geographic areas challenging.
This study applies a dynamic panel estimation approach.
Accuracy of the above temperature estimation approach is therefore expected to be limited to the temperatures range lying below the coagulation threshold.
We decided to use a two-stage estimation approach instead.
Appendix B provides further details of this estimation approach.
These forecasts are not held constant in either estimation approach.
Figure 2 Performance of the individual channel estimation approach.
The blue lines in Fig. 5 refer to the single estimation approach, whereas the red-dot lines are obtained from the relative estimation approach.
From this analysis, it is clear that the relative DCB estimation approach can obtain more stable values compared with the single DCB estimation approach in the short term.
Section 4 presents computer simulation results to demonstrate the effectiveness of the proposed estimation approach.
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