Open AccessAnalysis of the facts of urbanization with forecasting the trend of urban population in Bangladesh: An application of ARIMA method
Author(s) -
Alfarunnahar Ruma
Publication year - 2021
Publication title -
journal of economic info
Language(s) - English
Resource type - Journals
eISSN - 2708-8448
pISSN - 2313-335X
DOI - 10.31580/jei.v8i2.1816
Subject(s) - autoregressive integrated moving average , urbanization , population , geography , time series , economic growth , regional science , socioeconomics , statistics , economics , demography , sociology , mathematics
There are some positive ramifications of urbanization, along these lines, which incorporate the employment opportunities, innovative and infrastructural progressions, enhanced transportation, and correspondence. The betterment of clinical services and educational facilities in urban areas increase the living standard. Urbanization has negative outcomes on wellbeing due essentially to contamination and packed everyday environments. The ARIMA methodology has been used to forecast urban populations (% of total) in Bangladesh up to 2030. ARIMA method considers time-series data from 1972 to 2019 to estimate the forecasting. The current study estimates an increasing trend of urban populations in Bangladesh over time. This study has contributed to creating awareness in the case of the changing urban population.