Asset Details
Do you wish to reserve the book?
Bivariate Simulation of Potential Evapotranspiration Using Copula-GARCH Model
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Bivariate Simulation of Potential Evapotranspiration Using Copula-GARCH Model
Do you wish to request the book?
Bivariate Simulation of Potential Evapotranspiration Using Copula-GARCH Model
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Bivariate Simulation of Potential Evapotranspiration Using Copula-GARCH Model
2022
Overview
Developing statistical period and simulating the required values in case of data shortage increases certainty and reliability of simulations and statistical analyses, which is very important in studies on hydrology and water resources. Therefore, in this study, for simulating values of potential evapotranspiration at Birjand Station located in eastern Iran, contemporaneous autoregressive moving average (CARMA), CARMA-generalized autoregressive conditional heteroskedasticity (GARCH), and Copula-GARCH models were used in statistical period of 1984–2019. The potential evapotranspiration and relative humidity time series were simulated using these three models. CARMA model has acceptable accuracy for simulating potential evapotranspiration values due to the effect of the second parameter on simulations. Nash–Sutcliffe efficiency (NSE) coefficient of CARMA model for simulating potential evapotranspiration values was estimated as 0.85. NSE coefficient of CARMA-GARCH model was obtained as 0.87 through extracting residuals of CARMA model and simulating variance of data using GARCH model. Comparing the CARMA and CARMA-GARCH models with each other, it was concluded that a combination of two linear and non-linear time series models increases simulation accuracy to some extent. Using Clayton copula (the selected copula from the studied copulas), the mentioned values were simulated by Copula-GARCH model. The results showed that among the three models used, Copula-GARCH model reduced root mean square error of bivariate simulation compared to CARMA and CARMA-GARCH models by 15 and 13%, respectively. The results also showed that the proposed model simulates the average, first, and third quarters and range of changes in the data by 5 and 95% better than the two CARMA and CARMA-GARCH models.
Publisher
Springer Nature B.V
Subject
